Commodities

Gold Futures Rise As Dollar Weakens On Disappointing Jobs Data

Gold prices climbed on Friday as data showing a much smaller than expected increase in jobs in the U.S. in the month of August weakened the dollar and prompted investors to pick up the safe-haven yellow metal.

The dollar index, which slid to 91.95 soon after the release of the jobs data, recovered a bit but faltered again and was last seen hovering around 92.00, down 0.25% from the previous close.

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by RTTNews Staff Writer

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