GOLD PRICES SURGE AS THE U.S. DOLLAR WEAKENS AGAIN
Gold prices rose sharply on Thursday as the U.S. dollar came under renewed selling pressure. Meanwhile, investors are awaiting the U.S. Nonfarm Payrolls (NFP) report, which could help shape expectations for the Federal Reserve’s next policy move. Spot gold climbed 1% to $4,435 per ounce as of 04:30 GMT, after falling to its lowest level in nearly a month in the previous session.