Gold Holds Ground After Softer U.S. Payrolls; Weekly Gain in Sight
Gold steadied on Friday following weaker-than-anticipated U.S. nonfarm payrolls for June, a development that trimmed bets on further interest-rate increases and helped the metal recover from earlier losses. Spot and futures gold moved higher, while other precious metals and the U.S. dollar reacted to the data. Trading volumes were subdued ahead of …