06-06-2016 04:25 via news.yahoo.com

Gold hits two-week high as chances of early Fed rate hike dim

FUNDAMENTALS * Spot gold was up 0.2 percent at $1,246.10 per ounce by 0052 GMT. * The U.S. economy created the fewest number of jobs in more than 5-1/2-years in May as manufacturing and construction employment fell sharply, which could make it harder for the Fed to raise interest rates. * Wall Street's top banks unanimously expect the Federal Reserve to leave interest rates unchanged this month, a Reuters poll showed on Friday, with bank economists pointing to a weakening U.S. employment scene a
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