Reported about 13 hours ago
Gold prices dipped following a three-day increase, with attention shifting to upcoming US jobs data that could influence the Federal Reserve's interest rate decisions. After gaining over 2% earlier in the week, gold is trading around $3,345 an ounce. Investors are concerned about a potential slowdown in employment growth, evidenced by a recent drop in US company hiring, which may prompt the Fed to consider rate cuts. Overall, gold has strengthened amid geopolitical tensions and increased central bank purchases, while concerns over the US deficit and trade negotiations continue to loom.
Source: YAHOO