Gold, Oil, and Stocks Fall on US Jobs Data
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.
In New York trading futures for bullion:
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Silver for September delivery declined 35.2 cents, or 2.6 percent, to 13.408 an ounce.
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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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