Wednesday, January 13, 2016

Gold Loses Ground, US Employment Report Beats Forecast


marketpulse


Gold prices continue to soften this week. In Tuesday’s North American session, gold is trading at $1086.30 an ounce. On the release front, the markets were treated to more good news from US employment releases. JOLTS Job Openings, an important indicator, improved to 5.43 million, beating the forecast.


Gold posted sharp gains last week, the beneficiary of a move by jittery investors who snapped up safe-haven assets like gold, shunning any risky assets. The week started with poor Chinese data, and tensions in the Middle…



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Gold Loses Ground, US Employment Report Beats Forecast

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