Gold: Higher range forming as Fed risks ease – TD Securities
Gold and silver focused on technical recoveries as central banks maintained net purchases following today's nonfarm payrolls. Gold broke $4,175 trendline while silver traded at $60.05.
Gold: Softer US data boosts safe-haven demand – ING
Saudi Arabia Gold price today: Gold rises, according to FXStreet data
Philippines Gold price today: Gold rises, according to FXStreet data
United Arab Emirates Gold price today: Gold rises, according to FXStreet data
Pakistan Gold price today: Gold rises, according to FXStreet data
WTI crude has surrendered all of its post-war gains, returning to a key technical inflection point. With bearish positioning stretched, gold rebounding and the US dollar retreating, the conditions are improving for a technical recovery in crude oil.
Gold gains momentum above $4,100 after weak US NFP data
Gold surges as weak US NFP knocks US Dollar
As the trading week approaches its close, gold is showing a relevant short-term recovery. XAU/USD is up more than 2.00% and is trading back above the 4,000 dollars per ounce area, supported by a weaker US dollar after the NFP release.
The gold market rallied on Thursday, as the jobs number in the US had disappointed traders, with an addition of just 54,000 jobs in June. The United States will be on holiday for Friday, so be aware of the liquidity issues.