Gold Gains Some Ground After U.S. Jobs Data Cause Tumble

Reuters reported that gold regained some ground in Friday trading, after falling on positive U.S. jobs figures that suggest economic recovery.

As quoted in the market report:

Gold fell 1 percent in earlier trade, stocks markets rose and the dollar leapt after data showed U.S. employers added 236,000 jobs last month, well above an expected 160,000, pushing the unemployment rate to a four year-low.

To view the whole Reuters report, click here.