TRIPLE Do-Over "Jobs" "Report": Gold & Silver Left Alone (For Now)

If it ain't broke, don't fix it...

(by Half Dollar) The Employment Situation Report has just been released for the month of June, 2022.

According to the BLS, in the US, in June of 2022:

Total employment increased by 372,000Unemployment rate was unchanged at 3.6%Average hourly earnings rose by $0.13 per hour

If these numbers look similar to the last three months, that's because they are:

If it ain't broke, don't fix it?

Gold & Silver were given a whole lot of nothing when the report hit the tape:

Developing...

Major metals not gaining much on China stimulus announcements

Spectre of stagflation looms over base metals

TSXV large gold gains overall, but a mixed story underneath

Large cap gold underperforms juniors

Swings in geopolitical risk premium a major recent gold driver