Gold rate today: Yellow metal fluctuates ahead of US jobs data; silver slips nearly 1%
Investors are now looking ahead to US weekly initial jobless claims data due to be released later in the day. "Jobless data will be important. If it shows an increase in claims, then it should weaken dollar and support gold," said Ajay Kedia, director at Kedia Commodities told Reuters.
Investors are now looking ahead to US weekly initial jobless claims data due to be released later in the day. "Jobless data will be important. If it shows an increase in claims, then it should weaken dollar and support gold," said Ajay Kedia, director at Kedia Commodities told Reuters.
