Gold prices taking a hit after U.S. economy added 517K jobs in January

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Gold prices taking a hit after U.S. economy added 517K jobs in January
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gold prices taking a hit after U.S. economy added 517K jobs in January

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"Job growth was widespread, led by gains in leisure and hospitality, professional and business services, and health care. Employment also increased in government, partially reflecting the return of workers from a strike," the report said. Along with the remarkable headline number, the report said that December and November data was revised higher. December’s employment data was revised to 260,000 jobs from the initial estimate of 223,000. At the same time November’s data was revised to 290,000, up from the previous estimate of 256,000.

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