NCM 0.90% $34.16 newcrest mining limited

+ + gold: reaction to payroll data + +

  1. 22,691 Posts.
    There were over 175k increase in Non-farm expected payrolls, however the increase was 157k and 144k of these are from the Service industries.

    The interest rates may not be tightened as much as expected. The USD softened to 82.74 (-0.41); The Euro 1.32 (+ 0.0036)

    That brought the slide of the gold price to a turnaround of $423.4 (+2.10). Silver: 6.51

    Gerry
 
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