Volatility Strikes Gold, Silver After US Jobs Data
International gold and silver prices closed lower on Friday after a volatile session.
The metals spiked following the release of U.S. nonfarm payroll data, but then plunged sharply to end the day in negative territory.
On the New York Mercantile Exchange, gold futures for December delivery dropped 0.95 percent to settle at $4,162.30 per ounce, while silver futures for December delivery lost 1.24 percent to close at $60.415 per ounce.