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9/6/2024 12:34:03 PM

Economic Data Indicates Rising Uncertainty, Gold Gains

Economic Data Indicates Rising Uncertainty, Gold Gains

According to CryptoMichNL, recent unemployment data shows significant downturns in key metrics: JOLTS Job Openings and ADP Non-Farm Employment Change both hit their worst levels in three years, while Non-Farm Employment Change is at its second worst in the same period. This has resulted in increased uncertainty, driving gold prices upwards.

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Michaël van de Poppe

@CryptoMichNL

Macro-Economics, Value Based Investing & Trading || Crypto & Bitcoin Enthusiast