| Gold Prices fell through $1270 per ounce for the first time in 5 trading sessions in London on Monday, retreating as the Dollar rallied on the FX market following Friday's weaker than expected US jobs data, writes Steffen Grosshauser at BullionVault.
After the official non-farm payrolls report said the US economy added the fewest jobs in seven months in April, weak international trade data from China today saw the Dollar rebound to the highest levels in almost 2 weeks on its trade-weighted index against other major currencies. China's exports shrank almost 2% last month from a year earlier, while imports sank by 10%...............................................Full Article: Source
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