00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Gold prices edged lower Thursday after stronger-than-expected U.S. jobs data
00:06reduced expectations for near-term Federal Reserve rate cuts, according to Reuters.
00:11Spot Gold fell 0.3% to $5,064.29 per ounce in midday London trading,
00:18while April Gold futures declined 0.2% to $5,086.50.
00:25Spot Silver dropped 0.7% to $83.47 after rising 4% the prior session.
00:33January job growth totaled $130,000 after a revised $48,000 gain in December,
00:39while the unemployment rate fell to 4.3%.
00:42Economist had forecast 70,000 payroll additions.
00:46Analysts said markets are returning to a more normal focus on incoming economic data
00:50after recent volatility, and Fed policymakers are likely to keep rates on hold longer.
00:56Spot Platinum fell 1.5% to $2,098.94,
01:01while Palladium rose 0.7% to $1,710.26.
01:07For all things money, visit Benzinga.com.
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