Gold prices inched lower as the dollar stayed firm and risk appetite remained intact after Germany announced a stimulus plan to support its growth.
Risk sentiment was also supported by comments from Fed’s Powell that the U.S. central bank would continue to act "as appropriate" to sustain the economic expansion.
U.S. non-farm payrolls numbers underscores the economic fragility in the world's largest economy.
Hedge funds and money managers hiked their bullish positions in COMEX gold and silver contracts in the week to Sept. 3, the U.S. CFTC said.
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