Posts Tagged ‘labor-department’

Randgold Resources, Lonmin, Fresnillo and African Barrick Gold post weekly losses as metals fall

Gold dropped to two month lows at the end of the week after a flurry of positive economic data prompted investors to opt for riskier assets, driving up stock markets and pushing down the safe haven gold. On Thursday, the US Labor Department said that Full story

Gold plumbs two-month low as data bolster dollar

NEW YORK (MarketWatch) — Gold futures extended losses Thursday, dropping 1.7% after the Labor Department reported that first-time U.S. Full story

Gold down 1.7 pct as jobless-claims data help dollar

NEW YORK (MarketWatch) — Gold futures extended losses Thursday, dropping 1.7% after the Labor Department reported that first-time U.S. Full story

FTSE 100 and Dow Jones rally during week, but gold holds steady at $1,245

Even better than expected US jobs figures released by the Labor Department on Friday failed to weaken gold, which remained close to US$1,250/oz and just US$20 away from the all time high of US$1,266/oz. Full story
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