2024-01-05 01:44:00
COMEX gold price rises to $7.2 on weaker dollar Follow the US employment numbers tonight.
News reports from abroad Revealed that yesterday (January 4, 2023) the COMEX (Commodity Exchange) gold contract will be delivered in February. Rose $7.20 or 0.35% to close at $2,050/ounce.
with the dollar index weakening which investors keep an eye on the United States Revealing figures for non-agricultural employment today. While analysts predict that Non-agricultural employment figures will increase by only 163,000 jobs in December. After adding 199,000 jobs in November And the unemployment rate is expected to increase to 3.8% in December from 3.7% in November.
In labor data released last night, Automatic Data Processing Inc. (ADP) said U.S. private sector employment increased by 164,000 in December. This is the highest employment figure since August. and higher than analysts’ expectations of 130,000 jobs following increasing 101,000 jobs in November.
Meanwhile, the US Labor Department said initial jobless claims fell 18,000 to 202,000 last week. and lower than analysts’ estimates of 219,000.
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