(MENAFN- ProactiveInvestors - UK) Gold eased lower as the latest US non-farm payroll number came in much higher than expected.
The US economy added 287,000 jobs in June, trumping forecasts for a rise of 180,000 beforehand and suggesting May''s dismal 11.000 number may have been a one-off. Unemployment rose to 4.9% from 4.7% but this was attributed to more people looking for work, which commentators said was a good sign for the US economy. An hour into US trading, spot gold was US$4 lower at US$1,335, making a gain over the week of about 1.5%. Most of that came from the uncertainty caused by the Brexit vote. Silver edged up towards US$19.88 to make a rise of almost 3% on the week while platinum was flat today at US$1,084 having risen 3.5% on the week.
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