And he fell gold In spot transactions, it rose 0.6 percent to $2,640.61 per ounce by 1303 GMT, after jumping to its highest level ever at $2,685.42 on September 26.
US gold futures fell 0.7 percent to $2,660.90.
Job growth accelerated US In September, the unemployment rate fell to 4.1 percent, which reduced pressure on the US Central Bank to reduce interest rates by another 50 basis points at the monetary policy meeting scheduled for the sixth and seventh of next November.
The dollar index jumped after the data was released and is on its way to achieving a weekly gain, making the yellow metal more expensive for buyers abroad.
According to data from CME Group’s Fed Watch, traders currently see an 11 percent chance that the US Federal Reserve will cut interest rates by 50 basis points, down from 28 percent before the release of jobs data on Friday.
Iranian Supreme Leader Ayatollah Ali Khamenei said that Tehran and its allies in the region will not retreat after the Israeli attack on Beirut.
Gold is considered a safe investment during times of political and financial uncertainty, and it also thrives in times of lower interest rates.
As for other precious metals, silver fell in spot transactions by 0.9 percent to $31.74 per ounce, but it is heading for a weekly gain.
Platinum rose 0.3 percent to $993.40, and palladium rose 0.4 percent to $1,004.00.
