Gold drops after strong jobs report, posts fifth straight weekly loss – CNBC
CNBC |
Gold drops after strong jobs report, posts fifth straight weekly loss
CNBC Gold prices tumbled to their lowest level in nearly five months Friday on the back of stronger-than-expected employment data. Futures for August delivery dropped 1.1 percent to settle at $1,209.70 per ounce, reaching levels not seen since March 15. Gold Stocks’ Summer Bottom |