🚨Gold & Silver Dip After Strong U.S. Jobs Data
Gold and silver prices pulled back after fresh U.S. jobs data came in stronger than expected.
So what happened? 👇
Strong job numbers →
Stronger U.S. dollar 💵 →
Pressure on gold & silver 📉
When the dollar rises, metals usually fall because they become more expensive for global buyers.
This shows how closely precious metals react to macro data.
📌 What to watch next:
• Dollar strength
• Interest rate expectations
• Safe-haven demand
Macro moves fast. Stay alert.