Gold heads for best week in three months; US jobs data in focus


GOLD rose on Friday and headed for its best week in three months, supported by growing expectations of an interest rate cut by the Federal Reserve this month, as attention turns to the U.S. non-farm payrolls data due later in the day.

Spot gold was up 0.2% at $3,552.71 per ounce, as of 0640 GMT, hovering near an all-time high of $3,578.50 touched on Wednesday. Bullion has risen 3.1% so far this week.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Gold , bullion , metal , precious , safe haven , tariffs

Next In Business News

Ringgit to trade in narrow range against US dollar in holiday-shortened week ahead
Navigating Sarawak’s condominium market
Policies head in right direction
China underground: Affordable and sustainable homes
Trump travel ban adds to Caribbean woes
Asia rides the dollar dip
Bull charges cautiously
Beauty lovers turn to TikTok and Amazon
EM optimism after stellar year
Philippine stocks set for recovery

Others Also Read