Gold Rises 0.1% on Softer Dollar, Focus on US Jobs Data

Singapore, August 05 (QNA) – Gold prices edged higher on Wednesday, helped by a softer dollar, while investors awaited key US jobs data for clues on the Federal Reserve’s next monetary policy move.

Spot gold was up 0.1% at $4,081.09 per ounce, while US gold futures fell 0.4% to $4,137.20.

Among other precious metals, spot silver gained 0.2% to $59.61 per ounce, platinum fell 0.2% to $1,732.00, while palladium lost 0.4% to $1,348.00. (QNA)