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Reuters: Gold Rises After US Jobs Data

NEW YORK, 4 April 2014 - Miguel Perez-Santalla, US vice-president of business development at BullionVault, is quoted in the latest gold-market report from global newswire and data provider Thomson Reuters.

With gold prices rising sharply after today's government report on March's jobs market, "Everyone had been saying the job number was going to be so much better, but the economy didn't improve the way investors had expected," Reuters quotes Miguel.

"That's why the short-sellers are covering their positions."

You can read the full article at Reuters:

Gold rises over 1 pct on short covering after payrolls

Source: 
Thomson Reuters