Gold Rallies Up Through to $1263 Before Jobs Data

Gold was a little higher on Friday ahead of a key U.S. jobs report but the metal looked poised to post a gain for a sixth week out of seven as global equities remained on edge over economic growth concerns.

Silver, tracking gold, is up 4 percent this week – its biggest weekly gain since mid-August.

The number of Americans filing new claims for unemployment benefits fell more than expected last week, in a boost to the labour market outlook and the broader economy.


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