Gold stood high in Friday’s trading session after trading up by 0.2% in the previous session, with tensions surrounding the upcoming French presidential elections scheduled on April 23, 2017, supporting the safe haven demand.
At 0059 GMT, spot gold remained unchanged at $1281.21 per ounce; and U.S. Gold Futures were also flat at $1282.20.
The Trump administration had a simple message for the world financial leaders who gathered in Washington on the previous day amid worries about rising protectionism: fair trade means tit for tat tariffs.
Fresh applications for U.S. jobless claims benefits spiked more than expected last week, but a slip in number of American unemployment rolls to a 17 year low, suggesting the labour market continues to tighten.
Holdings of SPDR Gold Trust informed its holdings slipped 0.76% to 854.25 tonnes on previous trading session from Wednesday.
Gold prices in India were at premium this week, as jewelers raised purchases ahead of Akshaya Tritiya, while higher prices kept bullion demand in check.
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