Gold Rebounds as U.S. Jobs Data Signals Fed May Keep Interest Rates Low

Bloomberg reported that gold futures were up on information suggesting that interest rates will stay low.

The market news is quoted as saying:

Gold futures for August delivery rose $7.20, or 0.5 percent, to $1,539.90 an ounce at 10:52 a.m. on the Comex in New York.

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