Gold Inches Higher After Jobs Report - News Summed Up

Gold Inches Higher After Jobs Report


Gold prices swung between small gains and losses before closing slightly higher Friday, wobbling after a stronger-than-expected jobs report lifted confidence in the U.S. economy. Gold for June delivery, the most-active futures contract, closed up 0.1% at $1,295.60 a troy ounce on the Comex division of the New York Mercantile Exchange. Prices are up slightly for the year but down nearly 4% from their February 10-month highs, hurt by a stronger dollar and recovery in Treasury yields.


Source: Wall Street Journal April 05, 2019 14:37 UTC



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