Gold prices rose on Wednesday as investors sought safe-haven assets amid market uncertainty, while awaiting minutes from the Federal Reserve's latest meeting and a delayed US jobs report. Spot gold gained 0.5 per cent to $4,089.59 per ounce, with US December futures up 0.6 per cent at $4,090.30. The dollar remained strong, limiting gold's upside, but risk aversion supported demand. Economists expect the September non-farm payrolls report, delayed by the US government shutdown, to show 50,000 jobs added. Recent data also showed a two-month high in Americans claiming unemployment benefits. Global equities have declined sharply this week, with the S&P 500 on a four-day losing streak amid concerns over AI stock valuations. Traders see a nearly 49 per cent chance of a Fed rate cut at the December meeting. Non-yielding gold typically benefits from low-interest rates and economic uncertainty. Other metals rose as well: silver gained 1.3 per cent to $51.33, platinum added 0.5 per cent to $1,542.17, and palladium climbed 0.8 per cent to $1,411.86. Attribution: Reuters
