Gold Jumps as U.S. Jobs Disappointment Dims Tightening Prospects – Bloomberg
Bloomberg |
Gold Jumps as U.S. Jobs Disappointment Dims Tightening Prospects
Bloomberg “Traders are bidding up gold because they think the jobs number isn’t strong enough to justify two rate hikes this year,” Phil Streible, a senior market strategist at RJO Futures in Chicago, said by telephone. “Lower interest rates means a weaker … Gold holds monthly drop as payrolls in focus |
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