GOLD’S IMPRESSIVE ADVANCE NOW SHOWS SIGNS OF POSSIBLE FATIGUE
Gold has experienced a sizeable rise since the rather mixed jobs report from the US Department of Labor Statistics on November the 4th. The 261,000 jobs added to the US economy in September was overshadowed by the fact it’s the lowest of recent jobs prints as the unemployment rate actually rose to 3.7%, resulting in downward revisions of the Fed’s terminal rate and a lower estimate for the FOMC’s final rate setting meeting of the year.
