Gold spot prices have surged to $1,833.00 during late Friday trading following a strong US Non-Farm Payrolls (NFP) report. Despite still being lower than Monday's opening prices, the XAU/USD bids are reaching new highs due to positive market sentiment and increased risk appetite.
The US economy experienced an unexpected increase of 26K jobs, surpassing the forecasted 170K and showing further improvement from the revised previous reading of 227K (originally reported as 178K).
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