Gold Eases After US Jobs, Euro Worries Lift Dollar

Precious Metals

CNBC News reported that slower job growth and European debt concerns caused gold prices to drop.

CNBC News reported that slower job growth and European debt concerns caused gold prices to drop.

As quoted in the market news:

Spot gold fell 0.6 percent to $1,751.49 an ounce, but was set for a gain of 1 percent this week. The U.S. Labor Department said 80,000 new jobs were added to nonfarm payrolls in October, below forecasts for a rise of 95,000.

Click here to read the full CNBC News report.

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