Gold Extends Rally After Softer-Than-Expected Jobs Report

Gold costs climbed for the eighth consecutive session, nearing their February 10-month peaks after Might hiring information missed expectations and stoked additional fears of a U.S. financial slowdown.

Gold for August supply, the most-active futures contract, rose zero.four% to $1,348.60 a troy ounce on the Comex division of the New York Mercantile Change, hovering round its 2019 peaks. Costs are on their longest successful streak since January 2018 and up about 5% in the course of the stretch.

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