Gold price today, Thursday, January 8: Gold pulls back slightly after ADP jobs report

Gold (GC=F) futures opened at $4,467.10 per troy ounce Thursday, up 0.1% from Wednesday’s closing price of $4,462.50. Presently, the price of gold has declined 0.89% after the market open. The ADP Employment Report, released Wednesday, showed the U.S. economy added 41,000 jobs in December. In November, 29,000 jobs were lost, but analysts had expected a larger rebound of 48,000. The U.S. Factory Orders report for October, also published Wednesday, missed expectations by 10 basis points with a decline of ...