Saturday, 2 April 2011

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Gold Price Falls on Strong Jobs Data

  • Saturday, 2 April 2011
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  • GOLD PRICE NEWS � The gold price fell $9.00 to $1,423.10 per ounce Friday morning following a strong employment report from the U.S. Labor Department.� After trading near unchanged ahead of the March jobs data, the price of gold sank on the news that 216,000 nonfarm payrolls were added and the unemployment rate dipped to 8.8%.� The U.S. dollar rallied on the news against the euro, helping to



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