HomeNewsBusinessMarketsHas Obama's jobs speech left investors sour about gold?

Has Obama's jobs speech left investors sour about gold?

US President Barack Obama announced a USD 447 billion jobs plan last night, aimed at giving a leg-up to the US economy. In the commodity space, gold continues to rise on safe haven buying. But, post the jobs speech, equity markets are expected to move up, which may soften gold's rally.

September 09, 2011 / 12:06 IST
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US President Barack Obama announced a USD 447 billion jobs plan last night, aimed at giving a leg-up to the US economy.


In the commodity space, gold continues to rise on safe haven buying. But, post the jobs speech, equity markets are expected to move up, which may soften gold's rally. Here is what Obama said last night
In an interview on CNBC-TV18, Stephen Gollop, the CEO of Tyche Group says the next move is how Obama will get his jobs creation package passed.
first published: Sep 9, 2011 09:00 am

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