Gold Up, but Avoids Big Moves Ahead of US Employment Data By Investing.com – Investing.com

US gold data employment
Middle East
  • Date: 02-Jul-2021
  • Source: Investing.com
  • Sector: Oil & Gas
  • Country: Middle East
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Gold Up, but Avoids Big Moves Ahead of US Employment Data By Investing.com – Investing.com

By Gina Lee

Investing.com – Gold was up on Friday morning in Asia, but investors avoided big bets ahead of the release of critical U.S. employment data that could sway the U.S. Federal Reserve’s recent hawkish stance on monetary policy.

edged up 0.18% to $1,780 by 9:50 PM ET (1:50 AM GMT) It has fallen 0.2% so far this week. The , which normally moves inversely to gold, inched up on Friday towards three-month highs.

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