Gold Lingers Near Two-Week High As Focus Shifts to US Payrolls Data

GOLD - NEW YORK. Gold prices edged up to hover at a two-week high on Thursday on expectations of September interest rate cuts and safe-haven demand driven by tensions in the Middle East, while the focus shifted to U.S. non-farm payrolls data due this Friday.

Spot gold was up about 0.1% at $2,450.08 per ounce, as of 1409 GMT, having hit its highest since July 18 earlier in the session.