Gold set for sixth successive weekly gain; US jobs data in focus
- Posted on February 7, 2025
- By Business News Today
- 4 Views
![](https://img.etimg.com/thumb/msid-117997774,width-1200,height-630,imgsize-58862,overlay-etmarkets/articleshow.jpg)
Gold set for sixth successive weekly gain; US jobs data in focus
![](https://img.etimg.com/thumb/msid-117997774,width-1200,height-630,imgsize-58862,overlay-etmarkets/articleshow.jpg)
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.