LONDON, 2 April 2015 – Financial data and news provider Bloomberg today quoted comment from BullionVault on the sharp rise in Dollar gold prices, the fastest in almost three months.
With the private-sector ADP Payrolls report showing much weaker US growth in March, it "was read as a positive for gold," Bloomberg quotes Adrian Ash, head of research at BullionVault.
"Much of the market is closed on Friday, so the ADP number has captured some of the fun normally reserved for the [official] non-farm payrolls number."
Bloomberg subscribers will find the story archived on their terminals. Or read the syndicated version at MineWeb here:
Source:
Bloomberg
