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- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Building the Hybrid Cloud
- Connected Government: How to Build and Procure Network Services for the Future
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- The Future of IT: How CIOs Can Enable the Service-Oriented Enterprise
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- Moving to the Cloud. What's the best approach for me
- Navigating Tough Choices in Government Cloud Computing
- The New Generation of Database
- Satellite Communications: Acquiring SATCOM in Tight Times
- Targeting Advanced Threats: Proven Methods from Detection through Remediation
- Transformative Technology: Desktop Virtualization in Government
- The Truth About IT Opex and Software Defined Networking
- Value of Health IT
- Air Traffic Management Transformation Report
- Cloud First Report
- General Dynamics IT Enterprise Center
- Gov Cloud Minute
- Government in Technology Series
- Homeland Security Cybersecurity Market Report
- National Cybersecurity Awareness Month
- Technology Insights
- The Cyber Security Report
- The Next Generation Cyber Security Experts
Shows & Panels
Gold, silver higher as US hiring slows down
Tuesday - 10/22/2013, 4:10pm EDT
(AP) - Gold and silver prices rose Tuesday after the U.S. government reported a slowdown in hiring last month, raising expectations that more stimulus from the Federal Reserve will keep the dollar weak and interest rates low.
Gold for December delivery climbed $26.80, or 2 percent, to $1,342.60 an ounce Tuesday. Gold is the highest it's been in a month.
Silver for delivery in the same month increased 51.2 cents, or 2.3 percent, to $22.79 an ounce.
The Labor Department reported that U.S. employers added fewer jobs in September than analysts expected. Investors anticipated that would mean more bond-buying from the Fed, which could keep U.S. interest rates low and weaken the dollar, both bullish for gold.
Other metals also rose. High grade copper for December rose 3.2 cents, 1 percent, to $3.336 a pound. December palladium rose $2.65, or 0.4 percent, to $752.90 an ounce. Platinum for January delivery rose $12.10, or 0.8 percent, to $1,450.70 an ounce.
In agricultural futures, December corn fell 5.75 cents, or 1.3 percent, to $4.38 a bushel. November soybeans fell 1 cent to $13.02 a bushel and December wheat edged up 1 cent to $7.01 a bushel.
Crude oil for November delivery fell $1.42, or 1.4 percent, to $97.80 a barrel in New York on Tuesday.
In other energy trading, wholesale gasoline slipped 4 cents to $2.62 a gallon. Natural gas dropped 9 cents to $3.58 per 1,000 cubic feet. Heating oil fell 1 cent to $3.00 a gallon.
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)