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Sunday, August 1, 2010

Gold, Oil, and Stocks Fall on US Jobs Data

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July 3, 2009 by goldguru · Leave a Comment 

Following news Thursday of a bigger-than-expected dip in U.S. jobs and an unemployment rate increase to 9.5 percent, gold fell toward $930 an ounce, oil plunged to a one-month low and U.S. stocks tumbled.

Bullion update ...In New York trading futures for bullion:

  • Silver for September delivery declined 35.2 cents, or 2.6 percent, to 13.408 an ounce.

  • Gold for August delivery fell $10.30, or 1.1 percent, to $931.00 an ounce.

  • October platinum lost $11.80, or 1.0 percent, to $1,193.30 an ounce.

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Read the rest of Gold, Oil, and Stocks Fall on US Jobs Data (348 words)


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