Gold Falls 1.1% to $4,044.09 as Oil Prices Rebound
Spot gold fell 1.1% to $4,044.09 per ounce by 0501 GMT as oil prices rebounded. Investors awaited US payrolls data later in the day.
By Sukanya MitraGold prices slipped on Friday as oil prices rebounded, fanning inflation worries and higher-for-longer interest rate expectations, while investors awaited key US payrolls data later in the day.Spot gold TVC:GOLD fell 1.1% to $4,044.09 per ounce by 0501 GMT, but was on track for its…