Gold prices extended higher to above $1,810 despite a much stronger-than-expected US nonfarm payrolls report. Rising wage pressures may have boosted its appeal, defending it against rising rate hik.
Gold prices climbed to an 8-week high as viral resurgence in parts of the world dampened the growth prospect, sending yields lower. Rising demand for safety boosted the appealing of the precious me.
Gold Prices Extend Higher on Chinese Demand Boost, Falling Yields dailyfx.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyfx.com Daily Mail and Mail on Sunday newspapers.