Svmuu News: Lower-than-expected U.S. nonfarm payroll data has boosted gold prices, which are currently up 2% after falling slightly prior to the report’s release. Data from the U.S. Bureau of Labor Statistics showed that only 57,000 nonfarm jobs were added in June, falling short of analysts’ previous forecast of 115,000.This unexpected data drove up stock markets and commodity prices, as the report eased market concerns about future interest rate hikes. Remarks by Federal Reserve-Chair Wash also helped alleviate market concerns regarding interest rates. Silver, the most actively traded commodity, also rose, gaining as much as 4%. (Jin Shi)