Gold drifts lower with focus on U.S. jobs data ...Middle East

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Pure 1,000-gram gold bars produced by South Korea’s LS-Nikko are stacked in a dealers room in Seoul on Jan. 9, 2009. KIM JAE-HWAN | AFP | Getty Images Gold prices inched down on Tuesday after rising 1% in the previous session as investors awaited U.S. jobs data due later this week for clues on the Federal Reserve’s interest rate trajectory. Spot gold was down 0.2% at $2,345.76 per ounce, as of 0323 GMT. Prices touched their lowest level in nearly a month on Monday before settling 1% higher. U.S. gold futures fell 0.1% to $2,366.00. Wednesday’s ADP employment report and non-farm payrolls data due on Friday will be closely watched for further clues on the health of the U.S. labor mark

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Gold drifts lower with focus on U.S. jobs data ...Middle East

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