Gold Price Records Gains Following U.S. Jobs Data

Precious Metals

Following positive U.S. jobs data, gold prices bounced slightly higher on Wednesday, according to Investing.com.

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.

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