All metals increased in value on 8/8.
On Tuesday, gold futures settled lower and the US dollar firmed. This occurred after an employment report proved to be better than expected. Monthly job openings came in at 6.163 million in June, which both exceeded expectations and the prior month’s numbers. The dollar has been weighed down in recent months due to weak inflation and concerns about sluggish economic growth. Geopolitical risk, such as growing tensions between the US and North Korea, also play a hand in the values of the dollar and precious metals.