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fxJun 5, 2026, 10:13 AM

Gold edges lower on Middle East tensions ahead of US jobs data

Gold (XAU/USD) slipped 0.26% to around $4,463 on Friday as traders pared positions ahead of the US May employment report and amid lingering Middle East tensions.

XAUUSD

Gold (XAU/USD) edged lower on Friday, trading around $4,463 at the time of writing, a decline of 0.26% on the day. The move comes as investors reduce exposure ahead of the release of the US May employment report, which could influence Federal Reserve policy expectations.

Geopolitical tensions in the Middle East continued to underpin safe-haven demand but were insufficient to prevent a slight pullback from recent highs. Market participants are now eyeing the upcoming nonfarm payrolls data for further directional cues.

Source: FXStreet Forex News