4
June
Gold barely moves ahead of U.S. payrolls data
4 June 2010 Reuters
Gold edged down toward $1,200 an ounce in Europe on Friday as traders took to the sidelines ahead of hotly-anticipated U.S. non-farm payrolls data due later in the day, with a strong reading expected to boost risk appetite.
The metal has benefited this year from nervousness in the financial markets, which has knocked assets seen as higher risk, such as stocks, industrial commodities and the euro.
http://www.reuters.com/article/ousivMolt/idUSTRE64R5OH20100604
