Gold braces for labor market week as investors eye manufacturing, jobs data

Gold braces for labor market week as investors eye manufacturing, jobs data

From kitco.com

Gold and silver head into the new week with investors focused squarely on the health of the U.S. economy and labor market, as a busy calendar of economic data releases could significantly influence expectations for Federal Reserve policy. Bullion prices were supported this week by ongoing uncertainty surrounding economic growth and the path of interest rates. Gold continued to benefit from safe-haven demand and central bank buying trends, while silver traded with a mix of monetary and industrial influences, responding both to precious-metals sentiment and expectations for economic activity. The coming week's data ... (full story)

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