Gold Snaps 3-day Win Streak On Hint Of Upbeat Jobs Report

Gold futures nudged lower Thursday ahead of tomorrow’s closely watched June jobs report from the Labor Department.

In a key prelude, payroll processor ADP released a report showing stronger than expected private sector job growth in June.

ADP said private sector employment climbed by 172,000 jobs in June following a downwardly revised increase of 168,000 jobs in May. Economists had expected an increase of about 150,000 jobs.

Gold and silver paused after a furious rally since the recent Brexit vote.

August gold settled at $1,362.10/oz, down $5, or 0.4%, easing from a 28-month peak.

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Tagged with:

  Symbol Bid Ask Spread
EURUSD 1.22200 1.22220 2
  Symbol Bid Ask Spread
GBPUSD 1.38600 1.38630 3
  Symbol Bid Ask Spread
USDJPY 110.770 110.790 2
  Symbol Bid Ask Spread
EURGBP 0.88150 0.88180 3
  Symbol Bid Ask Spread
EURCHF 1.17690 1.17720 3

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