Gold may trade weak next week on strong US jobs data, healthy risk appetite

US employers added 227K jobs, surpassing the forecast of 220K, with October data revised upwards to 36K from 12K, bringing the two-month net revision to +56K. Average hourly earnings increased by 0.4% month-on-month and 4.2% year-on-year, exceeding the respective forecasts of 0.3% and 3.9%.