Powered by: Motilal Oswal
01-05-2023 09:15 AM | Source: Reuters
Gold edges higher as dollar dips ahead of U.S. jobs data
News By Tags | #813 #12 #1129

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Gold prices ticked higher on Thursday, aided by a softer dollar, while market participants braced for U.S. jobs data that could influence the Federal Reserve's policy trajectory.

Spot gold was up 0.1% at $1,856.11 per ounce, as of 0302 GMT, after hitting a near seven-month high in the previous session. U.S. gold futures also edged 0.1% higher at $1,861.20.

The dollar index eased 0.1%, making greenback-priced