RTRS: Gold briefly weakens as equities firm after US data
Gold briefly swung lower on Friday as a strengthening in the equity markets in the wake of U.S. non-farm payrolls data pressured prices.
The metal jumped to session highs immediately after the data, which showed the U.S. economy shed more than half a million jobs in February. However, these gains were quickly reversed.
Spot gold touched a low of $929.25 an ounce, and was at $934.25/935.45 at 1432 GMT, against $932.00 late in New York on Thursday.
