Gold is trading 3.09% up at $4550.80 as the U.S. dollar and Treasury yields pulled back, improving demand for the non-yielding metal.
- Investors are reassessing Federal Reserve policy ahead of the employment report; officials have signaled potential rate-hike pauses, providing support.
- Escalating Iran-related attacks on U.S. bases in Kuwait and the UAE are reinforcing safe-haven demand.
- During an active live session, the move substantially exceeds recent daily changes, including September 2’s 0.42% gain.