Monday, November 5, 2012

Gold trading reacts sharply to US Jobs

Price falls in gold trading as US non-farms payrolls jump in October ahead of tomorrow's election . An ounce of gold is currently fetching $1,695, down $20.50 from the previous session's close of $1,715.50 an ounce. On Thursday, gold fell $3.60. On the currency front, the U.S. dollar is trading at 80.63 yen compared to the 80.13 yen it fetched at the close of New York trading on Thursday. Against the euro, the dollar is valued at $1.2855 compared to yesterday's $1.2943

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