Gold prices rose on Friday, supported by safe-haven demand arising from the Middle East conflict, while focus shifted towards US payrolls report to gauge the trajectory of the Federal Reserves policy path. Spot gold was up 0.3% at $2,662.50 per ounce, after climbing to a record high of $2,685.42/oz on Sept. 26. Bullion has gained 0.2% for the week. US gold futures edged 0.1% higher to $2,682.10 per ounce. The dollar eased 0.1%, pulling back from over a one-month high, making greenback-priced bullion less expensive for other currency holders. Gold is considered a safe investment during times of political and financial uncertainty, and thrives in a low-rate environment. Spot silver rose 0.4% to $32.17, and has gained about 1.8% so far this week. Platinum climbed 1.1% to $1,001.79, and palladium advanced 1.4% to $1,013.46. Source: Qatar News Agency
Home » Gold Rises on Safe-Haven Demand, Focus on US Payrolls Data
Gold Rises on Safe-Haven Demand, Focus on US Payrolls Data
Recent post's
Eight Militants Killed in Security Operation in Khyber Pakhtunkhwa
September 24, 2026
GCC Condemns Houthi Missile Launches Toward Saudi Cities of Taif, Yanbu
September 24, 2026
GCC and ASEAN Strengthen Ties at Joint Ministerial Meeting
September 24, 2026
Qatar Engages in Key UN Mediation Meeting
September 24, 2026
Qatar Partners with Memorial Sloan Kettering to Boost Cancer Care
September 24, 2026
GCC and Portugal Forge Agreement to Enhance Bilateral Relations
September 24, 2026
Qatar Engages in Arab Interior Ministers Council Coordination Meeting
September 24, 2026
Sultan bin Saad Al Muraikhi Meets with European Commissioner Magnus Brunner
September 24, 2026