Gold suffers a ’double whammy’: strong U.S. jobs growth and pause in China buying


Gold futures dropped by more than 2% in Friday dealings, on track to post their first weekly loss in a month in what some analysts see as a “typical” pullback in the wake of the metal’s rise to record highs earlier this week.

You May Also Like

Boeing’s financial targets must ‘take a back seat’ in focus on safety, says big customer

Boeing could not “afford another slip-up” with its 737 Max family of…

Should I rush to take my RMD while the S&P 500 is down, or wait until the end of the year like normal?

While down markets are good for Roth conversions, market timing doesn’t have…

FCA takes push for $700mn BlueCrest Capital redress plan to Court of Appeal

The UK’s financial conduct regulator is fighting to resurrect a $700mn redress…

Sony warns this year’s profit won’t grow at all due to tariffs

Japanese consumer electronics giant Sony warned on Wednesday that this year’s profits…