Gold Investments Market Update - US Jobs Report Less than Expected; Based on BLS Statistical Assumptions |
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Gold Gold was down $12.90 to $931.90 in New York yesterday and silver closed at $18.28, down 5 cents. Gold remained at these levels in Asia but has fallen near to yesterday’s lows in early trading in Europe. Oil has fallen marginally <$144.40 down 0.6% - Light Sweet Crude Oil Future - Combined - AUG08> and the dollar is flat after yesterday’s strong gains. Yesterday gold was sold extremely aggressively immediately after the U.S. jobs report
Filed under: Fundamental
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