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Gold Prices Steady; Big U.S. Nonfarm Payroll Data Awaited

Gold Silver Reports (GSR) – Gold prices were steady in early Asian trade on Friday, after rising about 1.5 percent in the previous session, while the dollar inched up ahead of the U.S. payrolls data due later in the day.

U.S. gold futures GCcv1 were down 0.4 percent at $1,233.8 per ounce.

According to survey of economists, nonfarm payrolls probably rebounded by 190,000 jobs in October after Florence depressed restaurant and retail payrolls in September.

The dollar index .DXY, which measures the greenback against a basket of six major currencies, was up 0.1 percent.

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Neal Bhai has been involved in the Bullion and Metals markets since 1998 – he has experience in many areas of the market from researching to trading and has worked in Delhi, India. Mobile No. - 9899900589 and 9582247600

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