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Gold jumps as US jobs disappointment dims prospects of tightening by Fed
Gold mining companies expand the hedge book to the highest level for 6 years during Q2
Published Sun, Sep 4, 2016 · 09:50 PM
New York
GOLD futures gained, reducing a weekly decline, after US employment data missed estimates, boosting the metal's appeal as a haven.
Payrolls climbed by 151,000 last month following a 275,000 gain in July, a Labor Department report showed on Friday in Washington. The median forecast in a Bloomberg survey called for 180,000.
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