Gold price extended its rally on Friday, gaining for the fourth successive day as US dollar fundamentals gave way. Spot market bullion hit four-week highs of $2,697 and was up by 0.9% at the time of writing, with safe haven demand providing tailwinds. US labour markt data was the biggest driver of the day following the release of Non Farm Payrolls (NFP) and unemployment figures. Safe Haven Demand Outstrips Strong Labour Market December’s NFP numbers printed out at 256k, rising […]
The post Gold Price Stays Up As Safe Haven Demand Outstrips Strong Jobs Data appeared first in UK on InvestingCube.
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