Weak US data lifts gold as traders’ attention turns to US jobs report
Weak US economic data fans fears over sluggish growth as platinum and palladium are set for weekly declines
04 October 2019 - 07:44
Gold prices rose for a fourth straight session on Friday as weak US economic data fanned fears over sluggish growth, with investors awaiting a key jobs report that could cement expectations for further rate cuts by the Federal Reserve.
Spot gold was up 0.3% to $1,508.90/oz as of 3.39am GMT. It climbed to $1,518.50/oz, its highest since September 25, in the previous session...
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