Gold Closes Higher With Dollar Falling After Jobs Report - News Summed Up

Gold Closes Higher With Dollar Falling After Jobs Report


Gold prices swung between small gains and losses before closing higher Friday after the February jobs report showed U.S. employers hired workers at the strongest pace in a year and a half, but the pace of wage growth eased. Front-month gold for March delivery inched up 0.2% to $1,322.40 a troy ounce on the Comex division of the New York Mercantile Exchange. Prices finished the week up 0.1%, swinging based on moves in the dollar and investor expectations for higher interest rates.


Source: Wall Street Journal March 09, 2018 11:37 UTC



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