Gold gains as dollar stalls, with focus on U.S. data

"Since the recovery, movement in USD has stopped for the moment, that is a positive element for gold," said ActivTrades chief analyst Carlo Alberto De Casa.

World shares edged lower as attention turned to the U.S. non-payroll figures due at 1230 GMT, with markets expecting payrolls to have grown by 1.4 million in August, versus the 1.763 million jobs created in the previous month. MKTS/GLOB

In the long term, gold, which has gained 27% so far this year, is still strong, but is "in need of a deeper correction," Saxo bank's Hansen said.

https://in.investing.com/news/preciousgold-gains-as-dollar-stalls-with-focus-on-us-data-2409814