Friday, January 8, 2010

Gold Rises After US Jobs Data Disappoints – 1/8/2010

by Bullion Prices Staff on January 8, 2010

US gold futures returned higher on Friday following a report showing disappointing employment figures. The Labor Department said non-farm payrolls unexpectedly fell by 85,000 in December. According to reports, that dampened recovery hopes and expectations that the Fed would raise interest rates sooner versus later. Gold prices had retreated earlier in the day and then [...]

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