Comex gold futures ended lower on Friday after positive US jobs data sent the dollar rallying and rekindled worries the Federal Reserve could be tempted to scale back its monetary stimulus later this year. The US non-farm payrolls report for June showed employers added 195,000 new jobs last month, exceeding expectations of 165,000. The unemployment rate, however, held steady at 7.6 per cent. Concerns on when the US central bank could begin paring its stimulus have triggered...
↧