Gold Surges Above $5,100 as Weak U.S. Jobs Data Hits Dollar

Spot gold surged by over $40 to $5,112 per ounce on March 6, following weaker-than-expected U.S. nonfarm employment data, indicating slowing economic momentum and boosting safe-haven demand. Silver also climbed $1.6 to $83.85 per ounce, while the U.S. Dollar Index fell more than 20 points to 99.14.

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