Metals slump, gold down over 1% after US jobs data

The price of precious metals followed a downward trend on Thursday after the release of the latest data indicating positive developments in the United States' jobs sector. The recent economic indicators seemed to dampen investors' interest in safe-haven assets, which previously benefited from tariff-related trade uncertainty.
Gold fell 1.03% to exchange for $3,324.54 per ounce, while Platinum retreated 2.87% at the same time, going for $1,384.73 per ounce. Palladium declined 2.25% a minute later, changing hands for $1,118.29.