• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • WORLD EDITION
      Australia
      North America
      World
    Login
    Investing News NetworkYour trusted source for investing success
    • WORLD EDITION
      North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Precious Metals Market
    Precious Metals News
    Precious Metals Stocks
    • Precious Metals Market
    • Precious Metals News
    • Precious Metals Stocks
    gold investing

    Gold Drops to $1,268.90 After Positive Jobs Statistics

    Investing News Network
    Feb. 03, 2015 09:38AM PST
    Precious Metals

    On Tuesday, gold fell 0.5 percent to trade at $1,268.90 an ounce on the news that the new Greek government may reach a deal regarding its outstanding debt.

    On Tuesday, gold fell 0.5 percent to trade at $1,268.90 an ounce on the news that the new Greek government may reach a deal regarding its outstanding debt, according to Reuters. Greece’s actions buoyed trading around the world and sent European and American stock exchanges upward.

    Gold’s decline was also linked to analyst predictions regarding US economic performance. January saw continued American job growth, which provided investors with confidence to pursue riskier options. Mitsubishi analyst John Butler has predicted less investment in safe havens based on US economic strength.

    US gold futures for April delivery dropped $7.10, to $1,269.80 per ounce.

    gold investing
    The Conversation (0)

    Go Deeper

    AI Powered

    Gold Rises to $1,211.60 per Ounce on Falling Dollar

    Gold Drops to $1,224.15 as US Dollar Hits Five-week High

    Latest News

    Locksley Advances Multiple Antimony & REE Workstreams

    Option Exercise Nets $2.3M to Expand Exploration at Pinjin

    Locksley Resources Limited Advances Multiple Antimony and REE Workstreams

    Blackstone Minerals Investment Mankayan Project Update

    Prismo Metals Announces Results of Shareholder Meeting and Security Based Compensation Grants

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
      • Electric Vehicles
    • Agriculture
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Energy
      • Uranium
      • Oil and Gas
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Robotics
      • Crypto
      • Cleantech
    Life Science
      • Biotech
      • Cannabis
      • Pharmaceuticals

    Featured Precious Metals Stocks

    Mount Hope Mining

    MHM:AU

    Walker Lane Resources

    WLR:CC

    Rua Gold

    RUA:CC

    Golconda Gold

    GG:CC

    Falco Resources

    FPC:CC

    Adavale Resources

    ADD:AU
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES