Gold down on strong nonfarm-payrolls report
08/08/2016 09:01
Gold futures closed lower in the international market on Friday following a stronger-than-expected nonfarm-payrolls report that might provide the Federal Reserve evidence to lift benchmark interest rates sooner than later. Stocks also vaulted up after the employment report was released, signaling fading demand for havens and a spike in risk appetite.
08/08/2016 09:01
Gold futures closed lower in the international market on Friday following a stronger-than-expected nonfarm-payrolls report that might provide the Federal Reserve evidence to lift benchmark interest rates sooner than later. Stocks also vaulted up after the employment report was released, signaling fading demand for havens and a spike in risk appetite.
