{"id":16064,"date":"2012-11-01T20:24:52","date_gmt":"2012-11-01T18:24:52","guid":{"rendered":"http:\/\/www.myza.co.za\/11\/precious-gold-retreats-below-1720oz-u-s-jobs-data-eyed\/"},"modified":"2012-11-01T20:24:52","modified_gmt":"2012-11-01T18:24:52","slug":"precious-gold-retreats-below-1720oz-u-s-jobs-data-eyed","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/precious-gold-retreats-below-1720oz-u-s-jobs-data-eyed\/","title":{"rendered":"PRECIOUS-Gold retreats below $1,720\/oz, U.S. jobs data eyed"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Traders focus on Friday&#8217;s U.S. non-farm payrolls<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Chinese PMI data seen benefiting commodities<\/p>\n<p><span><\/span><\/p>\n<p>* Amplats says losing 3.7k oz platinum a day to strike<\/p>\n<p><span><\/span><\/p>\n<p>By David Brough and Jan Harvey<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, Nov 1 (Reuters) &#8211; Gold prices eased a touch on<br \/>\nThursday as the dollar firmed, but moves were muted as investors<br \/>\nremained focused on U.S. employment data due on Friday for clues<br \/>\non monetary policy.<\/p>\n<p><span><\/span><\/p>\n<p>A jump in U.S. stocks after well-received economic data lent<br \/>\nsome support to gold, while European shares were also bolstered<br \/>\nby a well received earnings report from Royal Dutch Shell<br \/>\n.<\/p>\n<p><span><\/span><\/p>\n<p>Spot gold was down 0.2 percent at $1,716.45 at 1643<br \/>\nGMT, while U.S. gold futures for December were down<br \/>\n$2.29 an ounce at $1,716.20.<\/p>\n<p><span><\/span><\/p>\n<p>Gold prices rallied to nearly $1,800 an ounce in early<br \/>\nOctober after the Federal Reserve announced new monetary<br \/>\nstimulus measures, which tend to help gold by fuelling fears of<br \/>\ninflation and maintaining pressure on interest rates.<\/p>\n<p><span><\/span><\/p>\n<p>It has also benefited from fears that the United States<br \/>\ncould be facing a &#8216;fiscal cliff&#8217; if lawmakers fail to avert<br \/>\nlooming tax hikes and cuts to public spending, which are due to<br \/>\nkick in at the start of next year.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Traders focus on Friday&#8217;s U.S. non-farm payrolls * Chinese PMI data seen benefiting commodities * Amplats says losing 3.7k oz platinum a day to strike By David Brough and Jan Harvey LONDON, Nov 1 (Reuters) &#8211; Gold prices eased a touch on Thursday as the dollar firmed, but moves were muted as investors remained [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-16064","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/16064","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=16064"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/16064\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=16064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=16064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=16064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}