Gold edges down on firm dollar as investors await key jobs data - News Summed Up

Gold edges down on firm dollar as investors await key jobs data


BENGALURU (Jan 8): Gold prices dipped on Thursday, pressured by a firm dollar as investors geared up for a key jobs report later this week that could provide more hints on US monetary policy moves and while they assess the US pressure on Venezuela. Spot gold lost 0.3% to US$4,440.67 per ounce as of 0344 GMT, dipping from an over one-week high hit in the last session. Bullion is about US$110 away from the record high of US$4,549.71 hit on Dec 29, with gains curbed by a firm dollar and profit-taking. Spot silver lost 0.4% to US$77.85 per ounce, after hitting an all-time high of US$83.62 on Dec 29. Spot platinum was down 0.8% to US$2,288.23 per ounce, after scaling a record peak of US$2,478.50 last Monday.


Source: The Edge Markets January 08, 2026 05:11 UTC



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