Gold shined brighter as the yellow metal continued to climb higher, supported by the greenback's weaker trading dollar and the decline in US treasury yields.
Gold posted a 2.3% gain earlier in the week that took it to $1,700 an ounce, the biggest gain recorded since March 8.
The greenback dollar continued to weaken after being shown by a lackluster reading of US manufacturing PMI data from the ISM survey.
US manufacturing activity fell to the lowest level since 2020, reading 50.9 in September compared to 52.8 the previous month.
Following that, gold trading took advantage of the weakness of the US dollar to climb higher and was also supported by the decline in the US 10-year bond yield which was lower at 3.64%.
Remaining the main focus of investors this week is the release of US NFP employment data this Friday, which is expected to show resilience in the labor market.
