MCX Gold and silver futures are trading down

 MCX Gold and silver futures are trading down . Crude oil making profit today.

Watch updates 

        Gold prices are lower in early U.S. trading Friday, pressured by a surprisingly strong U.S. jobs report. 
        
        Traders and investors were leaning the other way, looking for weaker-than-expected employment data. The February employment report from the U.S. Labor Department showed a surprising gain of 175,000 in non-farm jobs. The consensus forecast was for a rise of around 150,000. However, some weaker U.S. economic data released earlier this week made traders and investors think the non-farm jobs number could be well below the consensus forecast. Overnight trade in European and Asian markets was more subdued ahead of the U.S. jobs report, which is the big economic data point of the week.
        
        The Euro is at a 2.5 year high versus the Dollar. The U.S. dollar index is at a 4.5-month low. These currency moves have been a bullish underlying factor for gold and other raw commodity markets that are priced in U.S. dollars. However, the jobs report did lift the U.S. dollar index up from its daily low Friday morning.