Extending the gains from yesterday’s session, gold prices have surged on Thursday as investors assess the U.S. jobs numbers while the easing oil prices following momentum in the shipping traffic across the Strait of Hormuz supported the precious metal.
Front Month Comex Gold for August month delivery has soared by $46.40 (or 1.14%) to $4,128.80 per troy ounce.
Front Month Comex Silver for August month delivery also surged by $0.589 (or 0.98%) to $60.880 per troy ounce.
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Market Analysis
Gold Soars Amid Jobs Data Release, Increasing Strait Of Hormuz Shipping Traffic
2026-07-02 17:41:04
