Gold prices stabilized around $4,350 per ounce after surging over 7% in the biggest weekly gain since January, driven by a surprise US jobs

Gold prices found stability on Friday, approaching their most significant weekly increase since January. Soothing concerns over inflation, a drop in oil prices has influenced…

Spot gold was up 0.4% at $4,254.11 per ounce, after hitting a seven-week high in the previous session. Prices were up over 5% for the week.

Gold prices reached a seven-week high on Friday owing to surprising job losses in the United States that lowered the likelihood of upcoming rate hikes. This trend puts gold on…