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Gold falls as U.S. payrolls surge by 165,000, strengthening December Fed hike case

Source: kitco.com

Commodities & Raw MaterialsEconomic DataGeopolitics & WarMarket Technicals & Flows
Gold falls as U.S. payrolls surge by 165,000, strengthening December Fed hike case

In early U.S. trading Friday, spot gold prices were lower while spot silver prices were modestly higher. Investors assessed the latest U.S. employment figures after Thursday’s sharp equity-market selloff and renewed tensions involving Iran and the Strait of Hormuz.

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