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Gold suffers largest single-day drop since march as blowout jobs report slams rate-cut odds

kitco.com Tier 1 2026-06-06 01:56 UTC 📖 1 min read Neutral
gold

Stronger-than-expected U.S. May nonfarm payrolls report (172,000 jobs vs 88,000 forecast) and revised prior months; FedWatch probability of holding rates unchanged rises to 96% Perigon signal context: impact negative, driver macroeconomic.

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