May 8, 2026

Daily Morning Analysis Report – Friday – 08/05/2026

Daily Market Report

➢ Gold held steady around $4,685–$4,733 in early Asian trading Friday.  
➢ Traders stayed cautious ahead of the key US April jobs report.
➢ US Nonfarm Payrolls (NFP) are expected to show 62,000 new jobs added in April.
➢ The US unemployment rate is forecast to remain at 4.3%.
➢ Strong US labor data could support the US Dollar and pressure gold prices.

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Daily Report

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