Gold rises on weak US jobs data, lower oil prices
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Gold prices increased on Thursday, hitting a one-week high. The rise was mainly due to weaker-than-expected US jobs data and falling oil prices.
Spot gold rose 0.8% to $4,063.56 per ounce at 1:03am GMT, after hitting a high of $4,114.99 per ounce on Wednesday, the highest since June 23.
Meanwhile, US gold futures for August delivery fell marginally by 0.2% to $4,075.60 per ounce.
Spot gold rose 0.8% to $4,063.56 per ounce at 1:03am GMT, after hitting a high of $4,114.99 per ounce on Wednesday, the highest since June 23.
Meanwhile, US gold futures for August delivery fell marginally by 0.2% to $4,075.60 per ounce.
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