Hedge Fund News From HedgeCo.Net

Gold rallies to highest in a month as U.S. jobs growth slows

Reuters  – Gold extended gains to a third session on Monday to hit its highest in a month after a surprisingly weak U.S. jobs report stoked expectations that the Federal Reserve could temper the pace of its stimulus wind-down.

A weaker U.S. dollar also supported prices, although physical demand in China – the world’s biggest bullion consumer – dropped off due to the rally in prices.

Read Complete Article

Related Posts Plugin for WordPress, Blogger...
This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply