Gold Moves on Unemployment Data

Gold fell in Thursday morning trading in Asia, remaining near two-week lows. The strengthening of dollar index futures also contributed to the losses of the yellow metal, while investors are also awaiting the latest policy decision of the European Central Bank.

Also, gold futures fell 0.21% to $1,789.75 after reaching $1,781.30, its lowest since August 26, during the session. previous. While the dollar, which usually moves in reverse with gold, rose on Thursday.

The European Central Bank will release its policy decision later in the day, when it is expected to begin reducing assets while keeping support steady in the following years.