Gold Steadies After Five-Day Rally as Traders Mull US Jobs Data

Gold eased after a five-day gain as investors digested the latest economic data that showed a continued cooling of the US jobs market. Copper held losses. US job growth remained sluggish in November and the unemployment rate rose to a four-year high, according to Bureau of Labor Statistics data out Tuesday. Still, traders refrained from boosting bets on further monetary easing by the Federal Reserve in the near term. The US central bank is seen as less likely to put much weight on the data due to disrupti ...