2
October
Gold inches above $1,000, awaits U.S. data
2 October 2009 Reuters
Gold inched back above $1,000 on Friday ahead of the release of key U.S. employment data expected to provide direction for currency markets, currently the main driver for precious metals.
If non-farm payrolls comes in weaker than the expected 180,000 job losses, it could renew fears about recovery in the world's largest economy and bolster the dollar, seen as a safe haven.
http://in.reuters.com/article/domesticNews/idINT28927120091002
