Friday, January 8, 2016

Gold retreats from 9-week high amid strong U.S. jobs gains, China rally



Gold halted a five-day winning streak on Friday, but still closed the week higher at $1,100 an ounce

Investing.com — Gold retreated from nine-week highs on Friday amid a stronger dollar, as China halted a week-long equity rout and a mixed U.S. jobs report provided further ambiguity on the timing of the Federal Reserve’s next interest rate hike.


On the Comex division of the New York Mercantile Exchange, gold for February delivery wavered between $1,092.30 and $1,112.20…



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Gold retreats from 9-week high amid strong U.S. jobs gains, China rally

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