Bullion appreciates on faltering gringo dollar

05.08.2022

Gold prices jumped more than 1% on Thursday as a pullback in the dollar and U.S. Treasury yields provided support ahead of a key U.S. jobs report that could influence the Federal Reserve's policy stance.

Spot gold was up 1% at $1,781.83 per ounce by 1128 GMT, While U.S. gold futures...