Gold price trades with positive bias below $3,400, multi-week top ahead of US NFP

  • Gold price (XAU/USD) attracts some dip-buying during the Asian session on Friday and reverses a part of the previous day's retracement slide from levels just above the $3,400 mark or over a four-week peak. The commodity, however, remains confined in a multi-day-old range as traders seem reluctant to place aggressive bets and opt to wait for the release of the closely-watched US monthly employment details.