Disappointing Jobs Report Causes Gold And Silver To Rise

GOLD

The U.S. jobs report for June was released yesterday. Only 57,000 nonfarm jobs were added, significantly lower than expected.
This news helped reduce fears of an aggressive interest rate hike from the Federal Reserve, which boosted Gold.

At 11 am PT today, Gold is trading at $4,115 per ounce, up $46 from yesterday.

SILVER

Silver was also affected by the less-than-ideal jobs report.
It followed Gold and rallied above $60.

At 11 am PT today, Silver is trading at $60.96 per ounce, up $1.06 from yesterday.