Gold gains as US dollar declines, hopes of Mideast deal hit oil
GLD•Other precious metals
Spot silver XAG= gained 1% to $58.18, platinum XPT= climbed 0.3% to $1,647.25, and palladium XPD= firmed 0.5% to $1,280.25.
(Reporting by Pablo Sinha in Bengaluru; additional reporting by Swati Verma; Editing by Mrigank Dhaniwala)
Jobs data and Fed comments in focus
Also in focus is a set of U.S. jobs reports due this week, including the ADP employment report, and nonfarm payrolls data.
"A weaker U.S. job market would allow the Fed to keep rates on hold this year, and that would be positive for gold, as the market prices out rate hikes for this year," Staunovo said.
