Gold rebounded on Friday, poised for a weekly gain driven by bargain hunting, a weaker dollar, and ongoing U.S.-Iran talks. Silver also recovered from a recent low, though both metals are showing signs of entering a commodity bust phase. CME Group raised margin requirements amid heightened volatility.
Dow suffers worst week in nearly a year as oil spikes 12% and weak jobs data adds to anxiety
Wall Street’s major indexes fell on Friday as weak US jobs data and a sharp rise in oil prices heightened concerns about the economic outlook.