Gold hits two-week high as bond yields fall; US jobs data on tap 



Gold prices reached a two-week high on Thursday as U.S. bond yields fell, reflecting signs of a cooling labor market and bolstering expectations for a September interest rate cut by the Federal Reserve. Investors were also positioning for upcoming US non-farm payrolls data. Spot gold increased by 0.4% to $2,363.03 per ounce as of 0858 GMT, after rising 1% on Wednesday.


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