Gold settled to trade in a narrow range of five dollars today, Friday, as fears over the global rise in Coronavirus infections and the continuing trade tension between the United States and China contained strong US data for jobs.
There was little change in gold in spot transactions to settle at $ 1775.35 an ounce by 0647 GMT. And the US markets are closed today, before Independence Day, on the fourth of July.
US gold futures fell 0.3 percent to $ 1785.
The United States announced more than 55,000 new infections on Thursday, a new daily record in the pandemic that has infected more than 10.89 million people worldwide.
Markets are also anxiously watching Chinas trade ties with the United States.
The advance of the yellow metal was constrained by sentiment in the broader financial markets following a better-than-expected US jobs report.
The US economy added jobs at a record pace in June, but 31.5 million Americans continued to receive unemployment benefits in the middle of the month.
As for other precious metals, palladium fell 0.4 percent to $ 1893.12 an ounce, while platinum rose 0.8 percent to $ 809.50, and is heading towards achieving its first weekly gain in six weeks.
Silver gained 0.4 percent to $ 17.97 and is heading towards achieving its fourth consecutive weekly gain.
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