Gold Jumps as Jobs Deal `Devastating Blow' to Fed Rates Outlook

Updated on
  • U.S. employers add fewest jobs in seven months, data show
  • Odds of Fed interest-rate move in June dwindle after report

Gold Prices Are Still Solid

Gold had the biggest gain in a week after U.S. employers added the fewest workers in seven months, weakening the case for the Federal Reserve to raise interest rates.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.