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Gold loves that US jobs data as it hits another record high

The reaction in Gold to the US monthly jobs report speaks volumes about what the markets really think of that data and the lower US yields it has delivered. So, gold jumped above its previous all time record high set yesterday and has advanced to new record high, at $2,185,50. It is not too far removed from that now and could easily lift again. As to where it might stall is hard to say and despite my efforts (noted here earlier), I cannot provide you with an accurate projection on just how much further it might rise from here. Gold is currently trading at $2,178.20 

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