A.M. Update – Payrolls Miss

It’s almost as if gold knew the way it came into the Payrolls report with clear bullish tone. S&P futures appreciated the miss, too, up +0.3% as yields and the Dollar tumble on dovish rate path adjustments. Nonfarm payrolls increased by 57,000 (consensus: 112,000) in June. May nonfarm payrolls were revised down to 129,000 from…