P.M. Kitco Metals Roundup: Comex Gold Ends Near Steady in Quiet Trading as U.S. Jobs Data Looms
(Kitco News) - Gold futures prices ended the U.S. day session near steady Thursday in subdued trading, ahead of Friday’s U.S. jobs report. A sharply lower U.S. dollar index prompted some short covering and bargain hunting in both gold and silver markets. However, the still-weak technical posture in both markets continues to limit speculative buying interest. April Comex gold last traded up $1.10 at $1,576.00 an ounce. Spot gold was last quoted down $8.00 at $1,577.00. May Comex silver last traded down $0.018 at $28.785 an ounce.
(Kitco News) - Gold futures prices ended the U.S. day session near steady Thursday in subdued trading, ahead of Friday’s U.S. jobs report. A sharply lower U.S. dollar index prompted some short covering and bargain hunting in both gold and silver markets. However, the still-weak technical posture in both markets continues to limit speculative buying interest. April Comex gold last traded up $1.10 at $1,576.00 an ounce. Spot gold was last quoted down $8.00 at $1,577.00. May Comex silver last traded down $0.018 at $28.785 an ounce.