MW: Gold little changed after U.S. unemployment data
Gold futures were little changed Friday after data showed U.S. unemployment climbed to the highest level in 16 years. The unemployment rate jumped to 7.6%, highest since 1982, and nonfarm payrolls fell by 598,000, the largest amount in 34 years, the Labor Department reported. After the data, gold for February delivery rose $3.40, or 0.4%, to $917 an ounce in early North America electronic trading.
