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Platinum price jumps as asset buying pressure builds
Platinum (XPT) surged 2.89% in a technical rebound driven by oversold signals and short-term buying pressure. The up move looks limited, with the metal still trading below all its major moving averages and a broader bearish trend structure. Anton Kharitonov, expert at Traders Union, sees Platinum’s latest jump as a short-lived technical recovery. He observes that downside risks remain dominant, with bearish momentum confirmed by price action below major moving averages and weak indicators like MACD, ADX, and CCI. Absence of supportive news or positive sentiment further reinforces the vulnerability. Technical ... (full story)
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Both total nonfarm payroll employment (+57,000) and the unemployment rate (4.2 percent) changed little in June, the U.S. Bureau of Labor Statistics reported today. Employment continued to trend up in professional and business services, social assistance, and health care. Leisure and hospitality lost jobs. This news release presents statistics from two monthly surveys. The household survey measures labor force status, including unemployment, by demographic characteristics. The establishment survey measures nonfarm employment, hours, and earnings by industry. For more information about the concepts and statistical methodology used in these two surveys, see the Technical Note. 
U.S. economy added 57,000 jobs in June, less than expected; unemployment rate at 4.2% The U.S. economy saw job creation cool sharply heading into the summer, the Bureau of Labor Statistics reported Thursday. Nonfarm payrolls for June increased by a seasonally adjusted 57,000 for the month, slower than the downwardly revised 129,000 added in May and worse than the 115,000 Dow Jones consensus forecast. The unemployment rate, however, dropped to 4.2%, and slightly ahead of the 4.1% where it was a year ago. The U.S. economy added 57,000 jobs in June and revisions subtracted a combined 74,000 jobs from the previously reported figures for May and April. The unemployment rate edged down to 4.2%. Leisure and hospitality employment declined by 61,000 in June.
U.S. economy added 57,000 jobs in June, less than expected; unemployment rate at 4.2% The U.S. economy saw job creation cool sharply heading into the summer, the Bureau of Labor Statistics reported Thursday. Nonfarm payrolls for June increased by a seasonally adjusted 57,000 for the month, slower than the downwardly revised 129,000 added in May and worse than the 115,000 Dow Jones consensus forecast. The unemployment rate, however, dropped to 4.2%, and slightly ahead of the 4.1% where it was a year ago. The U.S. economy added 57,000 jobs in June and revisions subtracted a combined 74,000 jobs from the previously reported figures for May and April. The unemployment rate edged down to 4.2%. Leisure and hospitality employment declined by 61,000 in June.
Dollar Falls Nearly 1% Against Yen in Sudden Swing Before Bouncing Back
From investingcube.com | Jul 2, 2026
Silver prices rallied on Thursday after disappointing US employment data triggered broad selling in the US dollar, allowing the precious metal to recover from recent weakness. XAG/USD is currently trading around $61.10 per ounce, rebounding strongly after the US economy added far fewer jobs than economists had expected in June. The move helped silver ...
