Australia S&P Global Services PMI came in at 50.5, above forecasts (49.9) in June

Jul 3, 2026

Australia S&P Global Composite PMI came in at 50.4, above expectations (49.8) in June

Gold gains momentum above $4,100 after weak US NFP data

Gold price (XAU/USD) gains traction to around $4,125 during the early Asian session on Friday. The precious metal extends the rally after weaker-than-expected US Nonfarm Payrolls ‌(NFP) data reduced expectations of Federal Reserve (Fed) interest rate hikes this year.