Jobs moving gold shifting
Some of gold’s most-volatile days erupt after monthly-US-jobs data is released.
Saxomarkets graphed some of the reasons that the rug was pulled out from gold last month when the precious metal suffered its biggest two-day drop in 30 years.
Since the start of the year, gold is down 16.34% or US$270.70. Spot gold currently trades at $1,386 per ounce.
The big drop started with Cyprus.