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Gold climbs above $4100 as weak U.S. jobs report weakens dollar and boosts precious metals.

Market News
02 Jul 2026
FXEmpire
View Source
Bullish
pluang ai news

Gold prices rose above $4100 following a weaker-than-expected U.S. Non Farm Payrolls report showing only 57,000 jobs added in June versus the forecasted 110,000. The disappointing jobs data triggered a sell-off in the U.S. dollar and reduced expectations for aggressive Federal Reserve rate hikes, supporting gold and other precious metals like silver and platinum. Silver is attempting to break above $62, while platinum tests resistance near $1600-$1620. If gold holds above $4100, it could target $4180-$4200 next, while silver and platinum also have potential upside if key resistance levels are surpassed.

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