Gold Price Records Gains Following U.S. Jobs Data

Following positive U.S. jobs data, gold prices bounced slightly higher on Wednesday, according to Investing.com. Gold for December delivery traded at $1,214.30 per ounce during morning trading on the Comex division of the New York Mercantile Exchange, up from $1,211.60 on Tuesday.

Payroll processing firm ADP said in a report that non-farm private employment had risen by by a seasonally adjusted 213,000 last month – more than expected 210,000.

Investors are also anticipating a report from the Institute of Supply Management on manufacturing activity to be released later today.