Gold set for sixth successive weekly gain; US jobs data in focus

  • Posted on February 7, 2025
  • By Business News Today
  • 4 Views
Gold set for sixth successive weekly gain; US jobs data in focus

Gold prices steadied near record-high levels on Friday due to trade war concerns. They were set for a sixth consecutive weekly gain. Focus is on the U.S. employment report for economic cues. Gold remains a safe investment during turmoil, but higher interest rates could reduce its appeal. Other precious metals showed mixed trends.
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