Gold steady ahead of US job data

Gold prices held firm on Friday, despite a rise in the dollar index as investors are waiting for the monthly non-agricultural data later today.

 

Gold for February delivery was unchanged at $2,045.90 per ounce at 10:19 am KSA Time.

 

Spot gold was flat at $2,030.16 per ounce. Silver futures for March added 0.25% to $24.12. Spot platinum prices gained 0.71% to $916.31 per ounce.

 

Gold remains well-supported above $2,006 per ounce level, but a stronger-than-expected payrolls data could put this support level in jeopardy, Reuters reported, citing Kelvin Wong, senior market analyst for Asia Pacific at OANDA.

 

On the other hand, weekly jobless claims increase 1,000 to 220,000, according to a recent report from the Labor Department.

Comments {{getCommentCount()}}

Be the first to comment

{{Comments.indexOf(comment)+1}}
{{comment.FollowersCount}}
{{comment.CommenterComments}}

رد{{comment.DisplayName}} على {{getCommenterName(comment.ParentThreadID)}}

{{comment.DisplayName}} حساب موثّق

{{comment.ElapsedTime}}
loader Train
loader Train
Sorry: the validity period has ended to comment on this news
Opinions expressed in the comments section do not reflect the views of Argaam. Abusive comments of any kind will be removed. Political or religious commentary will not be tolerated.

Commodity Price

 
Gold
2,709.80
37.30 1.40%
Silver
31.31
0.40 1.28%
PLATINUM
971.50
4.60 0.47%
PALLADIUM
1,016.00
(25.60) (2.47%)

Popular Links

Quick Links

Join Us

Argaam.com Copyright © 2024, Argaam Investment, All Rights Reserved
Call Request