Gold prices rise
Gold prices rose on Friday, as US Treasury bond yields and global equities declined, boosting demand for the precious metal, which is considered a safe haven ahead of job data in the non-agricultural sectors in the United States, but the strong dollar puts gold on a weekly decline path.
Spot gold rose 0.3 percent to 1935.80 dollars an ounce by 05.26 GMT, down close to its lowest level in a week, which it reached on Thursday.
Gold prices have fallen 1.5 percent since the beginning of this week.
US gold futures rose 0.2 percent to $ 1941.30.
"What we're seeing in gold is a bit of a run-off towards at the moment, because equity markets are down ... Gold may also help the sharp drop that we're seeing in US yields," said Edward Meer, analyst at ED & F Man Capital Markets.
Asian stock markets fell, after the biggest selling wave on Wall Street since June, while the record 10-year US Treasury yields are heading to record their biggest weekly decline in nearly three months.
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