Monday 27 June 2011

Gold Slips As Traders Weigh Jobs Data, Egypt Unres

Gold prices fell slightly Friday as a mixed U.S. jobs report and continued unease about turmoil in Egypt did little to spur new refuge demand for the precious metal.

The most actively traded gold contract, for April delivery, settled down $4, or 0.3%, at $1,349 an ounce on the Comex division of the New York Mercantile Exchange.

The U.S. economy added 36,000 jobs in January, the Labor Department said Friday, much

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