postheadericon Gold hits 7-week high on more weak jobs data

Gold hits 7-week high on more weak jobs data

Gold closed Monday at a seven-week high of $1,218.60/oz., a 1.5% gain, after more disappointing jobs data eased gold investors’ worries over the Fed raising interest rates. The U.S. employment data, which was released on Friday, showed far fewer jobs were produced in March than expected. In addition, the Institute for Supply Management on Read More
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American Gold Eagle coin sales up strongly in March

March sales of American Gold Eagle bullion coins were more than double those of February, according to the latest figures from the U.S. Mint. A total of 46,500 oz. (118,000 coins) of American Gold Eagles were sold in March, compared to 18,500 oz. (64,500 coins) in February – a 151% increase from the previous month’s Read More
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