Gold price slightly falls in anticipation of US labor market data

Gold prices fell slightly on Wednesday morning, while further changes in its value may be determined after the release of data on the US labor market, Report informs.

The price of December futures for gold on the New York Comex exchange fell by $3.25, or 0.19%, to $1,727.25 per troy ounce. December silver futures fell 1.08% to $20.872 an ounce.

The traders' attention remains on the labor market report in the US, which will be published on Friday. Markets expect that the unemployment rate in the country in September remained at the level of August at 3.7%, and the number of people employed in non-agricultural sectors of the economy increased by 250,000 people.