Gold prices surging higher as U.S. economy loses 23k jobs in July - KITCO

Gold prices surging higher as U.S. economy loses 23k jobs in July - KITCO

Source: KITCO

DW NOTE

The U.S. economy lost 23,000 jobs in July while the Fed holds rates at 3.5-3.75% and the Strait of Hormuz remains closed to commercial traffic. Gold is pricing the gap between what central banks say they control and what they actually control.

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