Gold rose to US$4,054 and silver to US$58.26 on a softer dollar and safe-haven buying. We trace the move through ETFs and miners in Mexico and Peru.

Gold fell 1.54% to US$4,043/oz and silver slid 2.18% to US$57.79/oz as the dollar strengthened. The move hit shares of Mexico’s Fresnillo and Peru’s Buenaventur

Gold futures rose 1.02% and silver 1.92% on Monday, lifting Mexican and Peruvian miner proxies as a softer dollar and falling real yields drew haven buyers.

On Wednesday, gold prices experienced a modest uptick as the dollar lost strength. Investors are keenly anticipating important US jobs data that may provide insights into the…