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Gold set for weekly gain on US payrolls miss, broader uncertainty
Gold prices rose on Friday and were on track for a weekly gain, as investors weighed weaker-than-expected U.S. payrolls data along with broader policy and geopolitical uncertainty. Spot gold was up 0.6% at $4,502.98 per ounce as of 11:18 a.m. ET (1618 GMT), and was set for more than 4% weekly gain. Bullion hit a record high of $4,549.71 on December 26. U.S. gold futures for February delivery firmed 1.2% to $4,513.60. U.S. nonfarm payrolls in December rose by 50,000, missing expectations of a 60,000 gain, while the unemployment rate eased to 4.4%, below forecasts of 4.5%. "Payrolls are showing us a poor job ... (full story)
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- Jan 9, 2026 12:03pm Posted byFundamental Analysis196
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