Gold Recovers Strength Amid Weaker US Labor Data
The precious metals market shows a clear rally in response to mixed US employment indicators. On Friday, (January 9), spot gold prices rose to around $4,490, rebounding from $4,400 the previous day. The upward momentum is driven by a combination of weaker labor market results and ongoing geopolitical tensions, which draw investors toward safe-haven assets.
## US Employment Data Disappoints
The statistics released on Friday by the Bureau of Labor Statistics (BLS) revealed that the US economy added only 50,000 new jobs in December — well below mar
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