Gold Bounces Hire on Soft Labor Data - ADM Investor Services
5 Articles
5 Articles
Gold jumped by over 3% after the unexpected contraction of the U.S. labour market. Prices rose to 3.1%, reaching $3,371.93 per ounce, the highest level since mid-June. (ANSA)
Gold reached a 7-week high, rising 5%. Its upward movement during the week also marked its biggest jump in 28 weeks. Maintaining its positive trend for investors, gold is awaiting news from the US on the closing day of the week.
Gold reached a 7-week high, rising 5%. Its upward movement during the week also marked its biggest jump in 28 weeks. Maintaining its positive trend for investors, gold is awaiting news from the US on the closing day of the week.
The price of gold has risen by more than 5 percent in the past five trading days. Following the recent price slump of the precious metal, private investors are increasingly buying back in.
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