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 Gold Prices Consolidated on Optimism in Europe and Improved Job Figures in the US says Pan American Metals of Miami- Gold Prices Consolidated on Optimism in Europe and Improved Job Figures in the US says Pan American Metals of Miami
- December 05, 2011
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Drop in US unemployment and optimism regarding Europe combined to have a positive effect on the financial markets.
MIAMI, FL - Gold prices consolidated as investors awaited the publication today, Friday, of US job figures in the hope of gauging the state of the US economy. The job figures were marginally more encouraging than they have been of late with unemployment down from 9% to 8.6% and 120,000 new jobs added in November.
Capping slightly better news from the US, sentiment in Europe remains optimistic as we await the outcome of a summit meeting on December 9. There seems to be a feeling of hope that t...
- View more at: http://www.1888pressrelease.com/gold-prices-consolidated-on-optimism-in-europe-and-improved-pr-355865.html
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