Give Gold a Break!

Thanks jobs numbers.

Gold got a much-needed reprieve from a slightly downbeat U.S. nonfarm payrolls report this Friday. The Labor Department said the economy produced 214,000 jobs in October, not quite meeting market expectations. The U.S. dollar retreated and gold got a bounce but was still hovering near four-year lows. As of newsletter time, spot gold on was trading around $1,167 an ounce.

For discussions and analyses pertaining to these major moves, and several more compelling and relevant news features,

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