Gold has staged its strongest rally in weeks after disappointing US jobs data prompted investors to rethink the outlook for US interest rates, lifting South African gold mining shares and strengthening the rand.

Gold surged above $4,100 after June payrolls added just 57,000 jobs, cutting Fed rate hike odds nearly in half and boosting hard assets including Bitcoin.

Gold prices surged on Friday, marking its first weekly gain in five weeks. This uptick is attributed to softer-than-expected U.S. jobs data, which has led investors to scale back…

Gold prices surged on Friday, poised for a weekly gain after a disappointing U.S. jobs report significantly lowered expectations for an imminent Federal Reserve interest rate…

Gold prices are holding firm near a two-week peak, buoyed by a recent U.S. jobs report that softened expectations for immediate Federal Reserve interest rate hikes. This cooling…