Dismal Job Report Drops Dollar, Lifts Precious Metals

Median estimates saw the US adding 733,000 jobs in August. But today’s report revealed that only 235,000 jobs were added. The dollar fell immediately after the report was issued, boosting gold to a four-week high of $1,820.46, with futures jumping 1.1% to $1,831.80. Other precious metals also saw a...