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Gold prices jump higher after U.S. economy created 175K jobs in April, missing expectations ========== Gold prices jumped higher after the U.S. economy created 175,000 jobs in April, falling short of expectations of 238,000 jobs. The unemployment rate increased to 3.9% from the expected 3.8%. The gold market saw a significant increase in prices following the report, with June gold futures trading at $2,326.10 an ounce, up 0.71% on the day. The U.S. labor market lost momentum, leading to the bullish energy in the gold market. The article also mentions the author, Neils Christensen, who has a diploma in journalism and over a decade of reporting experience. The article is from Kitco News, a leading news source in precious metals. The article is strictly for informational purposes and not a solicitation to make any exchange in commodities or securities. The author's views may not reflect those of Kitco Metals Inc. https://www.kitco.com/news/article/2024-05-03/gold-prices-jump-higher-after-us-economy-created-175k-jobs-april-missing