Nov 01, 2024 (Baystreet.ca via COMTEX) --
Gold traded little changed on Friday as investors refrained from taking big positions ahead of the U.S. payrolls data that could provide further clues about the Federal Reserve's interest rate outlook.
Spot gold was flat at $2,746.09 per ounce. Prices ended lower on Thursday after hitting a record high of $2,790.15 in intraday trade.
U.S. gold futures rose 0.2% to $2,755.70.
The jobs report released on Friday showed the U.S. economy added just 12,000 jobs in October, far below the Dow Jones estimate of 100,000.
Democratic Vice President Kamala Harris held a marginal 46% to 43% lead over Republican former President Donald Trump, with a glum electorate saying the country is on the wrong track, a new Reuters/Ipsos poll found.
Gold prices gained more than 4% in October amid safe-haven flows spurred by the Middle East tensions and U.S. election uncertainty.
Among other metals, spot silver was flat at $32.65 per ounce and platinum was nearly unchanged at $987.64.
Palladium fell 0.42% to $1,101.00, hitting a more than one-week low.
COMTEX_459364907/2559/2024-11-01T10:42:51
