Gold Opening Move Confirm

XAUUSD prices climbed on Friday, en route to their best week in five, with zero-yield bullion building on momentum fuelled by weaker U.S. jobs data this week that reinforced expectations for interest rate cut by the Federal Reserve.

Spot gold
XAUUSD
rose 1% to $2,369.49 per ounce by 2:02 p.m. ET (1802 GMT).

U.S. gold futures
XAUUSD
for June delivery settled 1.5% higher to $2,375.00 per ounce.