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05/06/2026
Gold futures in New York fell below $4440 per ounce, dropping by 1.45% within the day.
Latest
3 m ago
Brent Schutte, Chief Investment Strategist of Northwestern Mutual Wealth Management, stated that the labor market in the United States has recovered from the weak and narrow growth seen in 2025, and is now showing a stronger and broader pattern of growth. In 2025, non-cyclical healthcare and social assistance in the U.S. economy contributed to all employment growth. The diffusion index, which measures the breadth of economic expansion (with 50 being neutral), has risen above 50 in the past five months and reached 54.4 in May. The good news for consumers is a strong and stable job market, but concerns for future spending arise from real wages experiencing negative growth despite average hourly wages rising by 3.4% year-on-year and inflation reaching 3.8%. The Federal Reserve may lean towards a wait-and-see approach, but its focus is likely to shift towards inflationary aspects of monetary policy.
3 m ago
South Africa's main stock index fell by 1%, closing at 111284.00 points.
3 m ago
Silver continuous main contract fell 6% intraday, now trading at 16707.00 yuan.
3 m ago
Spot gold fell below $4360 per ounce, dropping 2.58% for the day.
3 m ago
Spot silver fell below $69 per ounce, dropping 6.59% intraday.
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