Gold Is ‘Without Friends’ as Investors Await U.S. Jobs Report
- Gold volume and volatility fall as metal moves sideways
- Silver heads for fifth weekly drop, worst run since November
Gold Inches Higher for a Second Day
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Gold is treading water as investors await U.S. employment data that should give further clues on the timing of an interest-rate increase by the Federal Reserve.
After a month of losses to the lowest since February, prices are little changed this week. A gauge of volatility has dropped to a four-month low and the volume of U.S. futures so far this week is the least since the start of the year.