Gold Up, Boosted by Weaker-Than-Expected US Job Data Reported for April By Investing.com – Investing.com

Gold Up, Boosted by Weaker-Than-Expected US Job Data Reported for April By Investing.com – Investing.com

By Gina Lee

Investing.com – Gold was up on Monday morning in Asia, remaining close to a three-month high. Investors are now betting that interest rates will stay low for a while thanks to a disappointing U.S. monthly job report released on Friday.

inched up 0.06% to $1,832.35 by 11:58 PM ET (3:58 AM GMT).