Gold Slips as Stronger October Jobs Report Lifts the Dollar, Metal Still Headed for a Weekly Gain
Gold prices fell on Friday after the US October Nonfarm Payrolls report came in far stronger than expected, giving the US Dollar and Treasury yields a lift. At the time of writing, XAU/USD traded around $4,050, down 1.20% on the day, pulling back from a two-week high of $4,146 reached on Thursday. Despite the daily…