{"id":16103,"date":"2012-11-02T20:26:43","date_gmt":"2012-11-02T18:26:43","guid":{"rendered":"http:\/\/www.myza.co.za\/11\/precious-gold-hits-two-month-low-after-u-s-jobs-data\/"},"modified":"2012-11-02T20:26:43","modified_gmt":"2012-11-02T18:26:43","slug":"precious-gold-hits-two-month-low-after-u-s-jobs-data","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/precious-gold-hits-two-month-low-after-u-s-jobs-data\/","title":{"rendered":"PRECIOUS-Gold hits two-month low after U.S. jobs data"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* U.S. non-farm payrolls data beats expectations<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Dollar rises to 7-week high against currency basket<\/p>\n<p><span><\/span><\/p>\n<p>* Indian gold buying picked up as prices retreated<\/p>\n<p><span><\/span><\/p>\n<p>By David Brough<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, Nov 2 (Reuters) &#8211; Gold prices fell to their lowest<br \/>\nlevel since late August on Friday, sliding more than 1 percent<br \/>\nas the dollar jumped after better-than-expected U.S. jobs data<br \/>\nin the last major signal on the state of the economy before<br \/>\nelections next Tuesday.<\/p>\n<p><span><\/span><\/p>\n<p>Payrolls data showed employers added 171,000 jobs in October<br \/>\nversus forecasts of 125,000, while the jobless rate met<br \/>\nexpectations at 7.9 percent.<\/p>\n<p><span><\/span><\/p>\n<p>The dollar, having already hit a seven-week high in<br \/>\nthe run-up to the data, extended gains against the euro,<br \/>\nhelping push gold through key resistance levels.<\/p>\n<p><span><\/span><\/p>\n<p>Spot gold was down 1.8 percent at $1,684.36 at 1509<br \/>\nGMT, having earlier hit an eight-week low of $1,682.89. It is on<br \/>\ntrack to post its biggest one-day fall since mid-June.<\/p>\n<p><span><\/span><\/p>\n<p>U.S. gold futures for December fell $29.90 an ounce<br \/>\nto $1,685.60.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* U.S. non-farm payrolls data beats expectations * Dollar rises to 7-week high against currency basket * Indian gold buying picked up as prices retreated By David Brough LONDON, Nov 2 (Reuters) &#8211; Gold prices fell to their lowest level since late August on Friday, sliding more than 1 percent as the dollar jumped after [&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-16103","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\/16103","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=16103"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/16103\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=16103"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=16103"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=16103"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}