Gold Rebounds After Worse-Than-Expected Jobless Figures

Gold: Gold rebounded Thursday after the jobless figures out of the US were worse than expected. This instigated a slump in equities and investors pumped funds into gold to hedge against falling stock markets. As of this writing (July 3) Gold is currently trading at $932.60/£571/€666.04.

Silver: Silver has regained some of Thursday's losses but as of this writing was still trading at $13.39, down from $14.13 only 4 days ago.

Platinum Group Metals: As of this writing, Palladium is still refusing to budge either way from $250, platinum is in a very tight range, circling $1,180 and rhodium has taken another tumble currently trading at $1,275/$1,425.

Disclosure: No positions

Comments

[Clint007:]

The worry from North Korea it is not accounted, yet!

Jul 05 11:00 AM