Gold falls as commodity index adjustments weigh ahead of US jobs data


Gold fell on Friday as commodity index readjustments and a firm dollar kept the pressure on prices, with investors positioning ahead of crucial U.S. non-farm payrolls data due later ‌in the day.

Spot gold edged 0.2% lower to $4,469.03 per ⁠ounce as of 0536 GMT, though it was set for a more than 3% weekly gain. Bullion hit a record high ​of $4,549.71 on December 26.

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