Gold price surges on worst US jobs number in six years – MINING.com
|MINING.com |
Gold price surges on worst US jobs number in six years
MINING.com On Friday, gold rebounded sharply after data out of the US showed employment growth in the world’s largest economy is sputtering, pushing back any interest rate hike well beyond the summer. The US created a meagre 38,000 new jobs in May, well below … Where the Price of Gold Is Headed After Today’s 2.6% Surge Gold Prices Jump 2% on Worst US Jobs Data In 6 Years, June Rate-Hike Odds Slashed to 1-in-25 PRECIOUS-Gold dips, on track for fifth straight weekly decline |