::Gold Prices Stable in Middle depressed U.S. economy>>

Go Finance Reporting in LONDON - Gold prices do not seem to be affected by exchange rate movements the United States dollar (U.S.).

As quoted by Reuters, gold prices on Friday (06/03/2011) in the spot market is on the level of USD1.531, 19 per ounce. Meanwhile on Thursday (06/02/2011) is on USD1.532, 55 per USD. The price of silver fell $ 36, 04 from the previous $ 36, 17.

Level of bond yields fell and the euro rose to its highest level versus the U.S. dollar as investors anticipate a negative economic data.

Payroll report shows there are as many as 54,000 additional jobs in May, this is the weakest since September. While the U.S. unemployment rate rose to 9.1 percent from nine percent in April before.

While at the close of trading on Friday (06/03/2011), the Dow Jones industrial fell 97.29 points, or 0.79 percent, to 12151.26. The broader Standard & Poor's 500 index dropped 12.78 points, or 0.97 percent to 1300.16. Dam Nasdaq Composite Index fell 40.53 points, or 1.46 percent to 2732.78.

The three main indexes fell 2.3 percent during the week. And the S & P 500 is the worst since mid-August. (GoFinance)