# ​Gold futures fall as sound job data lifts U.S. dollar_Xinhua Finance Agency

> Gold futures fell about 0.17% to $1,262.60 per ounce after stronger-than-expected US job openings data for June, 6.163 million versus 5.6 million expected. The data led traders to see the Fed as still on track for at least one more hike in 2017, lifting the dollar.

- Date: 2017-08-09 · published 2017-08-09T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/69369-gold-futures-fall-as-sound-job-data-lifts-u-s-dollar-xinhua-finance-agency
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Firm US labor data supports the dollar and raises rate expectations, a mild headwind for dollar-priced commodities, with limited direct effect on feed grains.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-03-05 | [Dollar jumps as U.S. jobs growth beats expectations \| Financial Post](https://feedsoft.ai/events/10067-dollar-jumps-as-u-s-jobs-growth-beats-expectations-financial-post.md) | +0.2% | +0.9% |
| DXY | 2022-02-04 | [Dollar rises from two-week low after U.S. jobs surprise](https://feedsoft.ai/events/9876-dollar-rises-from-two-week-low-after-u-s-jobs-surprise.md) | -0.3% | +1.5% |
| DXY | 2026-08-26 | [Euro comes under pressure against US Dollar after mixed US PCE data](https://feedsoft.ai/events/18103-euro-comes-under-pressure-against-us-dollar-after-mixed-us-pce-data.md) | +0.4% | +1.6% |
| DXY | 2024-02-02 | [South African rand drops as dollar jumps on US jobs report](https://feedsoft.ai/events/31946-south-african-rand-drops-as-dollar-jumps-on-us-jobs-report.md) | +0.6% | +0.6% |
| DXY | 2024-06-05 | [US dollar rises as strong service sector data muddles Fed easing this year](https://feedsoft.ai/events/8478-us-dollar-rises-as-strong-service-sector-data-muddles-fed-easing-this-year.md) | +1.1% | +0.9% |

## Sources

- en.xfafinance.com: http://en.xfafinance.com/html/Markets/Commodities/2017/353730.shtml

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.