The increase in the number of initial jobless claims exceeded expectations, and the US dollar rose slightly on Thursday Profit taking limits gold price increase, focuses on non farm employment report
On Thursday, the US dollar index stabilized and rebounded, ultimately closing up 0.15% at 98.29.
On Thursday, the US dollar index stabilized and rebounded, ultimately closing up 0.15% at 98.29. The yield of US Treasury bonds generally fell, with the benchmark 10-year yield closing at 4.162% and the 2-year yield sensitive to the Federal Reserve policy rate closing at 3.598%. On Friday morning (September 5th Beijing time) in the Asian market, spot gold traded around $3542 per ounce. Gold prices fell on Thursday as traders took profits after a record high, and the focus now shifted to the US non farm payroll report to find new clues on the Federal Reserve's policy path. Due to the prospect of further production increase by OPEC+intensifying market concerns about oversupply later this year, international crude oil prices have fallen for the second consecutive day. WTI crude oil hit a low of $62.5 per barrel and ultimately closed down 0.76% at $63.07 per barrel; Brent crude oil ultimately closed down 0.88% at $66.69 per barrel.