Gold extends gains, awaits U.S. payroll data
SINGAPORE, Mar 9 (Reuters) Gold gained on Friday as sentiment in global equity markets improved, raising hopes the metal was on a recovery path after recent sell-off.
-- Spot gold rose to 3.00/654.00 an ounce from 0.90/651.90 late in New York on Thursday, when it shrugged off a stronger dollar and gained more than on renewed buying.
-- Benchmark gold futures for February delivery on the Tokyo Commodity Exchange rose 10 yen per gram to 2,490 yen, reflecting gains in New York's COMEX market.
-- U.S. stocks jumped on Thursday following a global rebound in equity markets, and generally strong monthly sales of U.S. retailers stemmed some concerns about the health of the U.S. economy.
-- Investors await U.S. jobs data due on Friday which could set short-term directions for both the dollar and gold.
-- The euro was firmer at .3135 .
- Silver edged up to .98/13.03 an ounce from .93/12.98 late in New York.
-- Platinum fell to ,198/1,203 an ounce from ,209/1,214 an ounce.
-- Palladium slipped to 8/353 an ounce from 0/355 late in New York.
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