The Labor Department from dgfjgh's blog

Reuters. Gold futures hold steady ahead of Fed minutesInvestingGold prices were little changed on Wednesday, as investors adopted a cautious approach before the release of minutes from the Federal Reserve's latest policy meeting later in the day.On the Comex division of the New York Mercantile Exchange, gold futures for June delivery tacked on 40 cents, or 0.

To trade at 1,211.00 a troy ounce during European morning hours. Prices held in a tight range between 1,207.90 and 1,211.70 an ounce.Futures were likely to find support at 1,178.20, the low from March 31, and resistance at 1,224.50, the high from April 6. A day earlier, gold lost 8.00, or 0.

To close at 1,210.60 as a broadly stronger U.S. dollar weighed.Investors will be focusing on Wednesday s minutes of the latest Fed meeting for further indications on the central bank's next policy moves after Friday's downbeat jobs data fuelled uncertainty over the timing of a rate hike.

The Labor Department reported Friday that the U.S. economy added 126,000 new jobs in March, less than half of February s gain and the smallest increase since December 2013.Gold prices have been well supported in recent sessions amid expectations U.S. interest rates will rise at a slower pace than previously thought.

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