Gold prices rise ahead of US employment data release

Gold prices rose on November 4 and may show an increase by the end of the week. The US dollar is weakening, and investors are waiting for the publication of US employment data, Qazet.az reports.

Gold grew 1.2% to $1,648.77 per ounce on the spot market. Since the beginning of the week, prices have strengthened by 0.4%. COMEX gold futures rose 1.3% to $1,651.40.