CAPITAL MARKETS

US jobs data further dents gold price

THE gold price slipped below $US1100 an ounce on Friday after US job figures were better-than-expected.

Kristie Batten
US jobs data further dents gold price

October was the best month of job growth for the recovering US economy, adding 271,000 non-farm jobs. The unemployment rate dropped from 5.1% to 5%, the lowest level since February 2008. The strong...

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