Range-bound Gold shifts up $1,964.3 to close at $1,964.3 per ounce .
Gold shifts up 0% to close at $1,964.3 per ounce today. (Start trading CME Gold at FXTM today).
CME Gold upside coincides with further encouraging market factors as United States Average Hourly Earnings published today at 12:30 UTC came out at 0.3%, falling short of the 0.4% projections and continuing its decline from the previous 0.4% figure. Unemployment Rate in United States fell short of market expectations (3.5) with a reading of 3.7, continuing the decline from the previous figure of 3.4.
On the flip side, United States Non Farm Payrolls beat the 180,000 projections, with 339,000. United States Crude Oil Inventories improved upon its previous reading of -12.46 million with a new data release of 4.49 million.
At the same time, United States ISM Manufacturing PMI (May) came out at 46.9, while a consensus of analysts was expecting 47.
Also worthy of note, United States Services PMI is expected Monday. United States ISM Non-Manufacturing PMI (May) is expected Monday.