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Gold price (XAU/USD) gains momentum to near $4,160 during the early Asian trading hours on Monday. The precious metal rebounds as weaker-than-expected US Nonfarm Payrolls (NFP) data weigh on the US Dollar (USD).
Updated Price for Gold (COMEX: GCG19). Charting, Price Performance, News & Related Contracts.
Gold and silver moved higher Friday after a weaker-than-expected September U.S. employment report lowered Treasury yields and cut October Fed-hike odds, with spot gold near $4,216.80 an ounce and spot silver at $61.750 as Strait of Hormuz risk kept energy inflation in view.