Bloomberg News

Gold Futures Erase Gains on Comex After ADP Jobs Report

August 01, 2012

Gold futures for December delivery fell 0.1 percent to $1,612.40 an ounce at 8:22 a.m. on the Comex in New York.

Earlier, the price advanced as much as 0.5 percent before a private jobs report showed that companies added 163,000 workers in July. The median estimate in a Bloomberg survey called for an advance of 120,000.

To contact the editor responsible for this story: Thomas Galatola at

Silicon Valley State of Mind

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

blog comments powered by Disqus