Gold price edges lower amid robust US data

London (April 6)  Gold prices fell on Thursday April 6 while positive US data continued to weigh on prices.

The spot gold price was recently quoted at $1,253.90/1,254.20 per oz, down $2.05 on the previous close. Trade has ranged from $1,252.55 to $1,259.00 so far. In US data released on Wednesday, the ADP non-farm employment change showed 263,000 joined the US labour force in March, far exceeding the forecast of 184,000. "Robust ADP labour.

Source: MetalBulletin