US payrolls gains seen, but swelling labour force weighUS employment likely rose again in April, but a rush of job seekers into the labor market should keep wage gains moderate and buy a cautious Federal Reserve more time before raising interest rates again. Nonfarm payrolls probably More… |
Gold drops after big gain in 2 weeksGold dipped on Tuesday, after posting its strongest daily gain in nearly two weeks on Monday, as the dollar steadied and investors assessed that weak U.S. data would not derail the world's largest economy from its recovery path. More… |
Gold steady on physical buying; decline seenSpot gold held steady on Thursday, supported by bargain hunting on the physical market, but optimism spurred by strong US private employment data weighed on sentiment. Spot gold lost 0.1 percent to $1,375.8 an ounce by&nb More… |