Bengaluru : Gold prices rose for a third straight session on Friday as the dollar slipped further from 2018 highs, while investors turned their focus to the upcoming U.S. jobs data for fresh catalysts.
Spot gold had risen by 0.2 percent to $1,313.46 per ounce by 0405 GMT, but was headed for a third consecutive weekly decline. U.S. gold futures for June delivery rose 0.1 percent to $1,313.90 per ounce.
The dollar eased after Thursday´s profit-taking and that helped gold find some support, a Hong Kong-based trader said.
"People are finding some comfort in buying at these levels heading into the weekend with potential risk of these Chinese talks maybe collapsing," he said.
The dollar index was about 0.1 percent lower at 92.367, moving further away from a 2018 peak of 92.834 hit on Wednesday.
Asian shares stepped back as financial markets turned their attention to the U.S. payrolls data due later in the day.
An employee works on a tractor production line at a factory in Weifang, eastern Shandong province, China, on March 1,...
The image shows the sudden eruption of huge flame in a video being captured form distance on March 29, 2025. —...
Female electricians posing for photo. —KE/FileLAHORE: Descon Technical Institute , in collaboration with Tapal Tea,...
A illustration showing a robotic figure against the backdrop of AI written in the background on May 4, 2023. —...
Labourers work at Hung Viet garment export factory in Hung Yen province, Vietnam December 30, 2020....
This image shows a person counting Pakistan currency notes. — AFP/FileKARACHI: Bank lending to the private sector...
