01 Aug 2025
Gold struggles near $3,300 as strong US Dollar cap upside, NFP in focus
Gold is holding steady near $3,300 as markets stay cautious ahead of the US Nonfarm Payrolls (NFP) report.
The US Dollar stays resilient following the Fed’s hawkish hold and firm macroeconomic data.
US President Donald Trump’s sweeping tariff executive order renews trade tensions, limiting Gold’s downside.