Spot gold was up 0.5 per cent at $2,304.92 per ounce as of 1200 GMT. Meanwhile, US gold futures fell 0.1 per cent to $2,323.20.
Bullion lost about $83 on Friday, declining 3.5 per cent in its biggest one-day drop since November 2020 after a stronger-than-expected US jobs report dented hopes for a September rate cut and news on China's central bank holding off gold purchases put off investors betting on Chinese demand.
Spot silver rose 2.1 per cent to $29.77 per ounce, platinum was up 0.1 per cent at $964.73 and palladium climbed 0.7 per cent to $918.55.
Gold ticks up after sharp sell-off
FE Team | Published: June 10, 2024 21:58:57
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