Gold Bull Market Accelerates as Expert Targets $7,500 Amid Global Uncertainty https://ritzherald.com/gold-bull-market-accelerates-as-expert-targets-7500-amid-global-uncertainty/

📢 Market Update – September 5, 2025 (Friday close)

🧰 Macro driver of the day:
🧾 U.S. jobs miss + rising Fed-cut odds

NFP rose +22k and unemployment ticked to 4.3%, reinforcing expectations for a rate cut at the Sept 17 FOMC. U.S. stocks faded to finish modestly lower on the day. FX wrap: “Gold up $41 to $3,586 — fresh record high; CHF led, CAD lagged” into the North American close.

🥇 Gold – Record run, strong weekly close

Intraday spiked to a fresh ATH (NY) after the jobs miss; spot gold printed a session high near $3,600.90. Friday 5:00pm ET close: $3,585.30/oz.

💶 EUR/USD – Pop above 1.17 on USD slip
Intraday: ripped to ~1.1750–1.1760 after NFP.
Friday close (5:05pm ET): 1.1720 (+0.59% d/d).
💴 USD/JPY – Yen bid on yields lower
Intraday low pressed into the mid-146s as U.S. yields fell.
Friday close (5:05pm ET): 147.40 (−0.73% d/d).
💷 GBP/USD – Steady grind higher
Friday close (5:05pm ET): 1.3510 (+0.56% d/d).
🇨🇭 USD/CHF – CHF strongest major
Friday close (5:05pm ET): 0.7981 (−0.92% d/d).
💵 Dollar gauges – Broad pressure
DXY slipped back below 98 during the session; WSJ Dollar Index finished the week at 95.06 (down for a fifth straight week).
📉 U.S. equities – Soft finish
S&P 500 −0.3%, Dow −0.5%, Nasdaq marginally lower on Friday as growth worries outweighed rate-cut optimism.

📊 Friday closing board (5:00–5:05pm ET)

Gold (Spot): $3,585.30/oz

EUR/USD: 1.1720 | USD/JPY: 147.40 | GBP/USD: 1.3510 | USD/CHF: 0.7981

🧠 Key Takeaway:

A soft labor print + falling yields ignited safe-haven flows into gold and broad USD selling into the Friday close. Volatility stays elevated into next week’s inflation prints and the Sept 17 Fed meeting—size positions conservatively and pre-define risk.