The gold price edged lower on Friday after a new jobs report increased worries of another rate hike from the US Federal Reserve.
The gold price has been driven mainly by geopolitical tensions and a weak US dollar in Q3, and looks set to end the period higher.
The gold price edged lower on Friday and was headed for a weekly loss after a North Korean missile test brought little reaction from investors.
Gold climbed on Friday after weaker-than-expected US jobs data cast doubts on further Fed interest rate hikes. In August the metal rose 4.1 percent.
The gold price rose above the $1,300-per-ounce mark as geopolitical uncertainty boosted precious metals demand.
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The gold price fell on Friday after a stronger-than-expected US employment report.
Major copper miners Glencore, BHP Billiton and Freeport-McMoRan were on the rise after copper prices reached their highest level since May 2015.
The gold price rose on Friday as the US dollar fell against the euro.
The LME is looking to draw investors away from the $5-trillion-a-year OTC business that dominates London’s gold trade.
The gold price edged lower on Friday after a stronger-than-expected US jobs report increased fears of another rate hike.
The gold price is on track for a weekly gain, supported by political uncertainty and a weaker dollar.
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