Friday, May 4, 2007

Gold market waits for U.S. jobs data

(Reuters) - Spot gold at 1030 GMT was at $681.25/681.75 an ounce, little changed from $681.10/681.60 late in New York on Thursday, when it gained about $10 on fund buying, a mining strike in gold producer Peru and a rally in base metals.

U.S. non-farm payrolls for April due later on Friday are expected show a 100,000 rise compared with a gain of 180,000 in March, while the unemployment rate is forecast at 4.5 percent from 4.4 percent.


Read more at Reuters.com Hot Stocks News

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