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The yellow metal begins its ascent toward $4,000, supported by a weaker dollar and growing investor interest in safe-haven assets. Spot gold rose 0.4% to $3,998.65 per ounce.

[Fonte: Marketscreener]

Gold prices are up 1% today, driven by investors’ aversion to riskier assets. Despite U.S. employment rising by 42,000 — well above analysts’ expectations — the increase in gold prices should reassure the bullish market for the precious metal, which had been discouraged by recent declines.

[Source: Marketscreener]

Gold prices are rebounding in today’s trading, with the metal for immediate delivery (spot) at $3,976.720 — up 0.61%. Falling interest rates and record debt are supporting investor demand for the safe-haven asset.

Fonte: Ansa