Gold Silver Reports (GSR) – MCX Gold Prices Ready for Blast Above @30533 Buy on Dips — MCX Gold Prices settled up 0.48% @30670 as Wall Street stocks tumbled and the dollar fell as rhetoric from U.S. President Donald Trump and Chinese officials fed worries about a possible trade war, and after U.S. jobs data came in weaker than expected.
U.S. Jobs Data
Gold Spot Fall as U.S. Jobs Data
Gold Silver Reports ~ Gold Spot slipped on Monday from near a 3~month top hit the session before, after a solid U.S. jobs report strengthened the dollar and potentially boosted the chance of rate hikes this year.
Gold Price Zoom After Mixed U.S. Jobs Data
Gold Silver Reports ~ Gold zoom to a 3 month high in volatile trade on Friday, as a mixed U.S. jobs report prompted investors to reassess the report for U.S. interest rates this year, putting bullion on track for its strongest weekly performance in more than a year.
U.S. Jobs Data Take on Added Importance
Gold Silver Reports >~ With Federal Reserve policy makers having already moved forward with their first interest-rate increase in almost a decade, Friday’s U.S. jobs report takes on elevated importance for a different reason.