TeleTrade - Analytics

    TeleTrade

    772.50 6.50/10
    81% of positive reviews
    Real

    05.10.2015 06:47 Gold retreated after Friday's jump

    Gold retreated to $1,134.10 (-0.22%) after its 2.2% Friday rally generated by a weaker-than-expected U.S. employment report. U.S. economy created 142,000 jobs in September compared to the expected 200,000.The unemployment rate remained at 5.1%. This report suggested that the Federal Reserve might postpone a data-determined rate hike.

    September was the second straight month of relatively slower job creation. Investors are concerned that China's economic slowdown might have affected the U.S.


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree