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The Guardian - UK

Business

Graeme Wearden

Gold price hits fresh record high, as bitcoin also rallies – as it happened

Gold Bitcoin United States Bjørn Gulden Kanye West Rachel Reeves Adidas European Union Albert Bourla Jeremy Hunt

Gold bars are displayed at South Africa's Rand Refinery in Germiston. — Gold bars are displayed at South Africa's Rand Refinery in Germiston. Photograph: SIPHIWE SIBEKO1/Reuters

3.49pm GMT

Closing post

Time to wrap up….(just one more sleep until Budget day!)

Here’s today’s main stories:

3.47pm GMT

Back in the US, the number of job openings has fallen as layoffs increased, signalling a slowdown in the labor market.

The latest JOLTS report shows there were 7.44 million available work positions at the end of September, down from 7.81 million at the end of August.

That’s the lowest reading since early 2021.

Job openings fell in September and were revised down for August, putting the 3-month moving average at its lowest level since the reopening in Spring 2021.

There were fewer than 1.1 posted job vacancies for every worker counted as unemployed in September. pic.twitter.com/eM3PlIhJds
— Nick Timiraos (@NickTimiraos) October 29, 2024

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