The world after the golden week increased light work report

The future contract gold head slightly increased in the past sixty days, the contribution rate decreased to help eliminate in the past week, when the monthly data for increasing the number of jobs in the
United States, but wage growth was disappointing, MarketWatch messenger.

Dollars weaken work after the report was released. Know, weak positive influence on the dollar price of gold, this is the anchor in the blue and silver, in particular, the commodity is more attractive for investment money.

Sixth days of the end of the transaction, the contract in April, Dr. Kim first ($0.2% USD / ounce) in 1324. Over the past week, the contract (equivalent to 0.05% 60 cents).

According to CNBC, and on the sixth day, the contract with gold to pay 0.02% to 1322.06 U.S. dollars/ounce.

The latest report of the number of the U.S. labor market and improve work participation rate is high, the country has more new jobs in February 2018 / 313000. However, in the 12 months of wage growth of 2.8% in January to 2.6% in February, down from.

Jeff Wright, director of the capital investment in the definition of Wolfpack: "the numbers, gold price data work is weak, but the growth of the wage level is not too strong to allow investors to buy 2.6% and/or maintain long-term position before entering the weekend".

However, in general, the report's contributions, prompted the Federal Reserve (the Association) to pursue plans to raise interest rates this year.

In this case, the dollar index ($$(the US) $six - a measure of development, compared with other major currencies - nearly 0.1% down 90.11.

The market has been included in the wage increases, inflation appears in the report last month to let the stock decline. Increasing inflation pressures will likely accelerate they must by raising interest rates, may have a negative effect on the stock market. Therefore, although this is usually a negative impact when interest rates rise, gold can still attract demand inflation risk prevention too.

In all the metal Comex on the floor, the contract will be in May 0.7% silver to pay 16.608 U.S. dollars/ounce, while recording 0.9% speed increase over the past week. May copper futures transaction plus 1.9% $3.1361 a pound, 0.4% weight increase this week.

The contract in April 1.3% platinum 964.20 U.S. dollars/ounce rose to 0.1% decrease but in the past week. The contract will be in June 2.2% PD across 986.85 U.S. dollars/ounce. Over the past week, almost no change after the contract.

The transaction is also on the sixth day, that the SPDR gold trust fund after almost, that iShares silver trust fund 0.6% dr.

Gold trading price developments in the past three year