Gold futures settled off the session’s highs on Friday, but held onto a gain for the week, with investors taking a “wait and see” approach in terms of the Federal Reserve’s path for interest rates, despite monthly data showing a slowdown in U.S. job gains.
Price action
Market drivers
Much-anticipated data from the Labor Department revealed that the U.S. economy added 187,000 jobs in August. That came in above economist expectations for a gain of 170,000, but still showed a slowdown in the pace of job gains….
Read the full article here
