Gold prices rose slightly, extending the gains recorded on Wednesday, as weak U.S. labor data and uncertainty over trade policy kept demand for safe-haven assets strong.
A series of mediocre economic readings from Asia also kept gold in good demand, while the weakness of the U.S. dollar, driven by bets that the Federal Reserve will cut interest rates further this year, strengthened metal prices in general.
Spot gold increased by 0.8% to $3,398.01 an ounce, while August gold futures rose by 0.7% to $3,421.75/oz at 06:48 ET.
