LONDON:
Gold inched lower on Thursday as diplomatic efforts to cool the
Ukraine crisis depressed demand for assets seen as safe, but the
metal found support above $1,330 an ounce from weak US economic data
and ahead of a key employment report.
The US nonfarm payroll figures on Friday should help gauge the strength of the labour market in the world's top economy and the implications for the pace of the Federal Reserve's stimulus reduction. Spot gold was down 0.1 per cent at $1,335.50 ..
The US nonfarm payroll figures on Friday should help gauge the strength of the labour market in the world's top economy and the implications for the pace of the Federal Reserve's stimulus reduction. Spot gold was down 0.1 per cent at $1,335.50 ..
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