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Recent Reports

Today’s jobs report released by the Labor Department indicated that U.S. employers added 209,000 jobs in July, well above analysts’ estimates.

The most recent rally in gold has paused as traders pull profits and seem reluctant to initiate large stakes ahead of tomorrow’s jobs report. As of 4 o’clock EDT, gold futures are trading off by about $3.60, currently fixed at $1271.50.

Like pulling the petals off a daisy, market participants and analysts have been oscillating back-and-forth, almost day by day, as to whether Janet Yellen, at the helm of the Federal Reserve, will initiate a last interest rate hike in 2017.