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The U.S. unemployment rate unexpectedly fell to a one-year low in June, causing the U.S. Dollar Index to dip briefly and spot gold to surge sharply.
Svmuu News: According to Gate data, the U.S. unemployment rate fell to 4.2% in June—the lowest level since June 2025—and came in below market expectations of 4.3%. The U.S. Dollar Index (DXY) dropped 30 points in the short term, trading at 100.85. Spot gold surged sharply, touching $4,120 per ounce, up 2.20% on the day. The yield on the 10-year U.S. Treasury note fell 1.76 basis points to 4.457%.
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