Gold and silver moved lower immediately after the latest nonfarm payrolls data, according to market data cited by BlockBeats from Bitget on Sept. 4. Spot gold fell more than $70 in a short move and was quoted at $4,405 per ounce. Spot silver also declined by $1.5, trading at $65.7 per ounce.
At the same time, the U.S. Dollar Index, or DXY, rose 34 points on a short-term basis to 99.36. The figures reflect the market reaction captured by Bitget after the data release. No additional details on the payrolls report were provided in the source text.
Gold and silver fell shortly after the release of the latest nonfarm payrolls data, according to Bitget market data cited by BlockBeats on Sept. 4.
Spot gold dropped by more than $70 in a short move to $4,405 per ounce, while spot silver fell by $1.5 to $65.7 per ounce.
The U.S. Dollar Index (DXY) also moved higher by 34 points to 99.36.
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