GOLD DOWN OVER DISAPPOINTING U.S. JOBS DATA…LIVE NEWS UPDATE BY ROYAL TRADERS

LIVE GOLD UPDATE !!!!

 Gold was down on Friday morning in Asia, giving up some of its gains from the previous session.

Data from the U.S. released overnight said that 1.877 million Americans filed unemployment claims over the past week.

Investors are awaiting the release of U.S. non-farm payrolls data later in the day, with payrolls predicted to fall by 8 million in forecasts prepared by Investing.com.

Gold futures were down by 0.66% at $1,716.05 by 12:14 AM ET (5:14 AM GMT), with even the safe-haven asset infected by the dismal data.

Stocks, which usually move inversely to gold, were mixed on Friday.

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