Gold steady as investors eye U.S. jobs data
On Thursday, Gold prices were steady, with buyers cautious on the physical market, as investors awaited key U.S. job data due later in the day to scrounge further clues on health of the economy.
The press release is quoted as saying:
Spot gold XAU= was little changed at $1,250.44 an ounce by 0552 GMT, just $15 below the record high of $1,264.9 hit in June. It is heading for a weekly gain of 1.2 percent, its fifth straight week of rises.
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Fri, Sep 3, 2010
Post by Anne Bagchi, Gold Researcher