Gold lifts off
from Kitco NEWS Roundtable Hosted by Rodrigo Barbosa, Michael McCrae, Paul Harris
A less rosy jobs report helped gold end the week higher, noted mining audiences manager Michael McCrae. On Friday McCrae recorded Kitco Roundtable with correspondent Paul Harris and Aura Minerals CEO Rodrigo Barbosa. U.S. employment data from December showed a slight slowdown in hiring. The U.S. unemployment rate dropped to 3.5%, beating market consensus calls of 3.7% for December. As of noon Eastern time Friday, spot gold was trading at the $1,860 an ounce level, a range the metal hadn't seen in the last seven months. Barbosa's Aura Minerals is a mid-tier gold and copper production company focused on the development and operation of gold and base metal projects in the Americas.
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A less rosy jobs report helped gold end the week higher, noted mining audiences manager Michael McCrae. On Friday McCrae recorded Kitco Roundtable with correspondent Paul Harris and Aura Minerals CEO Rodrigo Barbosa.
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