Bulls shift from bullion to cash, paper, stick to palladium

09.12.2019

Gold slid 1% on Friday as strong U.S. jobs data renewed bets the Federal Reserve would stand pat on interest rates and also  boosted demand for riskier assets, while supply-squeezed palladium soared to a new record high.

U.S. job growth increased by the most in 10 months in November, confirming the...