Time Period: Job Growth and Supply Management

time period: The yellow metal had settled below the psychologically significant level at 1,500 in the last two consecutive sessions, according to Market Watch. Meanwhile, December silver SIZ19, -0.26% picked up 38.1 cents, or 2.2%, to 17.683 an ounce. Gold for December delivery GCZ19, 0.01% on Comex gained 18.90, or 1.3%, to settle at 1,507.90 an ounce, after advancing 1.1% on Tuesday. Automatic Data Processing Inc.'s private-sector employment showed that businesses added a modest 135,000 private-sector jobs in September and the average monthly job growth for the past three months also fell to 145,000 from 214,000 for the same time period last year. The lackluster report came after the Institute for Supply Management's survey on manufacturing on Tuesday registered at 47.8, down from 49.1 in July, representing the worst reading since June 2009. The ADP labor data come ahead of a more closely watched Friday jobs report. (news.financializer.com). As reported in the news.