Gold Set for Strongest Weekly Gain Since January Amid Interest Rate Uncertainty
Singapore's gold market is abuzz as investors eagerly await US non-farm payrolls data and developments in energy markets to guide their decisions on interest rates.
The precious metal, currently trading at $4,235.57 per ounce, is poised for its strongest weekly gain since January, with a 4.8 percent rise expected by the end of the week.
This trend is expected despite spot gold holding steady on Friday and US gold futures slipping slightly to $4,293.80 per ounce.