Gold, silver and platinum are all trading lower on the day, with the lone exception of palladium which gained 1.86% in trading today.

This morning the U.S. Labor Department released its monthly nonfarm payroll jobs report. As expected, there was no light at the end of the tunnel, as the numbers of American workers who flocked to the unemployment office did so in force.

If you recall from my articles from earlier this week, first on Tuesday, May 5 titled “Gold prices firm as U.S.