Gold prices climbed on Friday as data showing a much smaller than expected increase in jobs in the U.S. in the month of August weakened the dollar and prompted investors to pick up the safe-haven yellow metal.The dollar index, which slid to 91.95 soon after the release of the jobs data, recovered a bit but faltered again and was last seen hovering around 92.00, down 0.25% from the previous close.G...
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Market Analysis
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.