Gold slips lower after U.S. jobs data

- June 30th, 2010

On Wednesday, Gold slipped lower in Europe, caught up in selling of stocks and other commodities after a report showed U.S. private sector employers added fewer jobs than expected in June.

On Wednesday, Gold slipped lower in Europe, caught up in selling of stocks and other commodities after a report showed U.S. private sector employers added fewer jobs than expected in June.

The press release is quoted as saying:

Spot gold was bid at $1,236.82 an ounce at 1322 GMT, against $1,238.00 late in New York on Tuesday. U.S. gold futures for August delivery eased $4.50 an ounce to $1,237.90.

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