Update prices
He went up gold In spot transactions, it rose 0.3 percent to $2,662.50 per ounce, by 0325 GMT, after jumping to its highest level ever at $2,685.42 on September 26. Gold achieved weekly gains of 0.2 percent.
US gold futures increased 0.1 percent to $2,682.10.
And he fell Dollar 0.1 percent, down from the highest level in more than a month, which makes the gold in which it is denominated less expensive for holders of other currencies.
Ajay Kedia, director at Kedia Commodities in Mumbai, said that geopolitical tension, especially with regard to Israel and Iran, is supporting gold prices. He stated that unless these risks subside, prices are likely to remain near record levels.
Gold is considered a safe investment during times of political and financial uncertainty, and it thrives in a low interest rate environment.
US non-farm payrolls data is scheduled to be released at 1230 GMT.
Kidia explained that if the non-farm payrolls report comes out strong, it will be positive for the dollar, and then gold prices will see some profit-taking.
For other precious metals, it increased Silver In spot transactions, it rose 0.4 percent to $32.17 per ounce and rose by about 1.8 percent since the beginning of the week until now.
And he jumped Platinum 1.1 percent to $1001.79 and rose Palladium 1.4 percent to $1,013.46 per ounce.
