| A dismal jobs report from the U.S. Department of Labor has changed gold’s fortunes in financial markets—both in terms of asset flows and price—ending a period of the yellow metal’s relegation to second-class status as a safe haven behind dollar assets such as Treasurys.
The May jobs report showing 69,000 new jobs were created last month was well below expectations of 175,000 in a Bloomberg News analyst survey—getting everyone talking that the economy might need more help from policymakers, lest the eurozone’s debt problems completely derail global growth...............................................Full Article: Source
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