Gold slumps on US jobs data

MINERS start the week with a somewhat negative metals commodity markets backdrop after unsupportive Chinese and US data late last week.

Gold slumps on US jobs data Gold slumps on US jobs data Gold slumps on US jobs data Gold slumps on US jobs data Gold slumps on US jobs data

Image by Gerd Altmann from Pixabay

Gold fell below US$1900/oz and into the $1850s after strong US labour numbers crimped sentiment around US interest rates.

Still, a potential support could be the US-China tensions over balloon-gate.

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