Weak US Jobs Data Drives $2.5 Billion Gold Futures Surge on Binance
Gold (XAU) futures on Binance recorded one of their strongest trading days in four months on Friday. The surge followed a July jobs report that missed expectations. The move came alongside a broader gold rally, which ended a four-month losing streak. Investors appear to be returning to the precious metal after months of pressure. Weak The post Weak US Jobs Data Drives $2.5 Billion Gold Futures Surge on Binance appeared first on BeInCrypto.
Key Takeaways
- Gold (XAU) futures on Binance recorded one of their strongest trading days in four months on Friday.
- The surge followed a July jobs report that missed expectations.
- The move came alongside a broader gold rally, which ended a four-month losing streak.
Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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