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US Jobs Growth Miss Was a Respite for Gold—How’s the Outlook?

Annie Gilroy
US Jobs Growth Miss Was a Respite for Gold—How’s the Outlook?

The US (IVV)(QQQ) employment data for July was released on August 3. The job additions in July reached only 157,000, lower than the expectations of 190,000 job additions. Business and professional services gained 51,000 jobs, and the manufacturing (XLI)(CARZ) sector added a healthy 37,000 jobs.