October 03, 2018

Gold remains flat around $1,203.00 this morning after gaining about 1.3% yesterday—one of its best single day performances in recent months.  Gold, the dollar, and US stocks all rose yesterday as Italy’s debt crisis took center-stage causing a dip in the Euro.  Today’s US jobs report also put downward pressure on gold as 230,000 jobs were created in September versus 185,000 expected.