Gold Bulls Find Their Horns After Jobs Report
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/13/2026
- Nasdaq falls ahead of earnings, economic data while oil rallies
- Oil prices rise on Saudi Arabia attacks, overshadowing Trump's diesel deal
- Will surging equity supply derail the U.S. bull market? Goldman Sachs weighs in
- Broadcom CEO says many AI investors are gamblers
- "Not buying Chipotle": Starbucks squashes blockbuster acquisition speculation
Tweet
Share
E-mail
Gold bulls are out in force today, as the price of the commodity rips higher following a weak jobs report in the US.
Expectations for QE3 are now back on the table and that has gold bulls salivating.
The price of spot gold shot up immediately following the release of the jobs data and is now at $1580/oz up from an overnight low of $1544/oz.
Popular Gold ETF SPDR Gold Shares (NYSE: GLD) is up 1.6 percent to $154.
Expectations for QE3 are now back on the table and that has gold bulls salivating.
The price of spot gold shot up immediately following the release of the jobs data and is now at $1580/oz up from an overnight low of $1544/oz.
Popular Gold ETF SPDR Gold Shares (NYSE: GLD) is up 1.6 percent to $154.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Some Said Inflation Risks Had Become More Skewed To Upside - FOMC Minutes
- Oil prices settle higher as more production shut ahead of hurricane
- Iran-backed Houthi militants claim new attacks on Saudi Arabia - AP
Create E-mail Alert Related Categories
Commodities, ETFsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
