1425 ET – Gold futures rise, with the front-month contract climbing 0.2% to $3,381.90 a troy ounce. Gold climbs as the threat of a U.S. economic slowdown becomes increasingly real. “Friday’s jobs numbers reinforced our view that U.S. growth is near stall speed—a pace below which the labor market weakens in a self-reinforcing fashion,” said analysts with Goldman Sachs in a note this week. “Our estimate of underlying monthly job growth… has plummeted from 206k in Q1 to just 28k in July, well below our 90k estimate of the current breakeven pace,” says the firm. (kirk.maltais@wsj.com)

Comex Gold Settles 0.22% Higher at $3381.90

Front Month Comex Gold for August delivery gained $7.50 per troy ounce, or 0.22% to $3381.90 today