
Gold tops $4,200 as ADP payrolls miss expectations
Gold rose above $4,200 an ounce after ADP reported July private payrolls advanced only 44,000—well below forecasts—sparking momentum as traders weigh the Fed’s stance amid stubborn wage inflation. Spot gold traded around $4,210, up over 3%, with analysts noting the data keeps the Fed under pressure to support the labor market, while Friday’s big payrolls report looms as a potential catalyst.












