October 05, 2018

Gold is up $4.30 this morning, currently trading at $1,202.10, as today’s jobs report showed mixed data and had little effect on precious metals.  Only 134,000 jobs were created versus an expected 185,000, however, unemployment dropped to 3.7%, the lowest level in nearly 50 years. Overall, gold is holding up nicely to low unemployment and rising bond yields, which are at an eight-year high.