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    gold-investing

    Gold Prices Rise on Weak US Jobs Data

    Investing News Network
    Jun. 01, 2012 07:05AM PST
    Precious Metals Investing

    Reuters reported that gold prices increased 1.5% after US jobs data fell short of expectations.

    Reuters reported that gold prices increased 1.5% after US jobs data fell short of expectations.

    As quoted in the market news:

    Spot gold hit a high of $1,588.19 an ounce and was up 1.5 percent at $1,586.00 at 1303 GMT, having earlier slipped as low as $1,544.69. U.S. gold futures for August delivery were up $22.20 an ounce at $1,586.40.

    Click here to read the full Reuters report.

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