Gold held near a nine-month high after Federal Reserve policymakers indicated this week they'll be “patient” on any future interest-rate moves, with investors adjusting to the more neutral stance on monetary policy.
Traders now turn their attention to Friday's monthly U.S. labor report, with hiring probably hitting another milestone in January, notching a record 100th month of gains even as the lengthiest U.S. government shutdown weighed on other parts of the economy.
Spot gold -0.2% to $1,318.32/oz at 1:04pm in Singapore. Prices touched $1,326.33 on Thursday, highest intraday level since April 26. Metal +1% this week after +1.8% week earlier.
Source : Bloomberg