FX & CFD trading involves significant risk
Gold prices rose after the release less positive than expected U.S. data on employment.
In January, the U.S. labor market for the second month in a row was recorded weak job growth . It can strengthen concerns about the economic recovery and may cause some investors to urge the U.S. Federal Reserve to rethink his strategy .
As reported on Friday, the U.S. Labor Department , the number of jobs outside agriculture in January rose by 113,000 adjusted for seasonal variations. Accelerated growth rate compared to December , but was below the average growth rate in the past year . December job growth was revised upward for 1000 to 75 000, and the November growth - also upwards of 33 000 to 274 000 .
Job growth in January was weak compared with the average growth in the period between August and November , when the index grows by more than 200,000 .
The U.S. Labor Department also reported that the unemployment rate in January fell to 6.6 % from 6.7 % in December. The number of employed Americans and labor also increased slightly .
Chinese buyers returned to the market on Friday after a week's absence, and the >
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.