Gold advanced as investors turned their focus to trade talks between Washington and Beijing due later this week, weighed up the outlook for Federal Reserve interest rate policy after a mixed U.S. jobs report, and absorbed news of yet more bullion buying by China’s central bank.
Spot gold as much as +0.4% to $1,511.31/oz, and trades at $1,509.19 at 9:15am in Singapore. Price +0.5% last week
Bloomberg Dollar Spot Index steady after -0.4% last week
Other precious metals: Spot silver +0.3% to $17.6045/oz. Platinum +0.3% to $882.24/oz. Palladium -0.1% to $1,665.60/oz.