by David Russell
GoldCore
Better than expected employment figures in the US causes gold to take a breather after gaining more than 28% since the beginning of the year.
Bloomberg takes a look at the current competing bullish and bearish forces affecting the outlook for precious metals.
Metal markets are caught between global gloom and renewed U.S. optimism.
A six-week surge by gold, the quintessential haven investment, stalled on Friday as better-than-expected U.S. jobs data blunted global economic concern that has boosted safe-haven demand. Copper, often used as a barometer for the global economy, gained as much as 0.9 percent after the labor report.