Commodities
Dollar Weakness Lifts Gold Ahead of Key US Jobs Data
Gold prices rose slightly on Wednesday as investors looked for cues from US jobs data. The dollar remained weak, making gold more attractive to holders of other currencies.
The ADP employment report is due later in the day, and the key US July payrolls report will be released on Friday. The Fed's next monetary policy move is a focus of attention.
Some traders are pricing in a 57% chance of a rate hike at the September 15-16 meeting, but Federal Reserve Bank of Philadelphia President Anna Paulson said she was keeping an open mind about future policy.