Gold edged up slightly on Friday as wild volatility in bond and currency markets eased ahead of the all-important U.S. jobs report due later in the day.
Also, Brent crude futures fell more than 3 percent toward $99 a barrel, helping ease concerns around inflation and potential rate hikes.
Spot gold edged up 0.2 percent to $4,185.82 an ounce but was on course for its second straight weekly decline. U.S. gold futures were up 0.3 percent at $4,214.47 an ounce.
Oil prices headed for a weekly loss on signs of recovering Middle East supplies to prewar levels and reports suggesting that European Union countries are discussing a French proposal to release fuel and crude stockpiles to ease acute market tightness and help avert a potential U.S. diesel export ban.
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Market Analysis
Gold Edges Up Ahead Of US Jobs Report
2026-10-02 09:54:46
