Morning Drive

Gold Surges Past $4,200 as US Payroll Growth Slows

20 min · I går
episode Gold Surges Past $4,200 as US Payroll Growth Slows cover

Description

US non-farm payrolls came in significantly lower than expected, dampening aggressive interest rate hike noise and sparking a massive overnight gold rally back to $4,200. Presenter Tim Elliott checks in with Monetary Metals' Jeff Rhodes to discuss the commodity's decoupling from traditional correlations and its long-term bullish outlook.

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