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Gold poised for best week in three months; US jobs data on tap
Gold prices rose on Friday and were on track for their best week in three months, supported by growing expectations of a U.S. interest rate cut this month, as attention turns to the U.S. non-farm payrolls data due later in the day. Spot gold was up 0.3% at $3,556.21 per ounce, as of 0332 GMT, hovering near an all-time high of $3,578.50 touched on Wednesday. Bullion has risen 3.2% so far this week. U.S. gold futures for December delivery gained 0.2% to $3,615. “Gold is creeping higher today, with traders not willing to try and push the price too much higher until we see the non-farm payrolls print,” said KCM ... (full story)
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- Sep 5, 2025 12:02am Posted byFundamental Analysis310
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