U.S. labor market | Cache Metals

U.S. labor market

Gold & Silver Daily Market Recap: April 9th, 2012

Spot gold pushed back toward $1650 in Asian trading after weaker-than-expected US job growth in March revived talk of a third round of quantitative easing, while a weaker dollar improved the attractiveness of dollar-denominated commodities for investors using other currencies.

Gold & Silver Daily Market Recap: April 5th, 2012

Spot gold flirted with breaking $1600 in yesterday’s trade as commodity wide liquidation was felt through-out. The metal held $1612 and traded to an intra-day high of $1634 in today’s trade.


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