Spot gold rose 0.5%% to $3,996.75 an ounce at 12:31 p.m. in New York. The Bloomberg Dollar Spot Index inched lower, while platinum and palladium gained. (Photo: Bloomberg/Matt Jelonek) Show Quick Read Summary is AI Generated. Newsroom Reviewed

Gold advanced as investors sought haven after the latest US data pointed to weakening in key areas of the economy.

Sentiment among American consumers soured as the shutdown weighed on the economic outlook, while high prices worsened their views about personal finances. Fears about unemployment jumped, with 71% of respondents in the University of Michigan report expecting it to rise in the year ahead.

While the US payrolls report was not released this Friday due to the shutdown, a survey conducted by 22V Research showed that a labor-market unw

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