Gold price today, Friday, January 9: Gold nears $4,500 per ounce

Gold (GC=F) futures opened at $4,489.30 per troy ounce Friday, up 0.6% from Thursday’s closing price of $4,460.70. Currently, the price of gold rose 0.49% after the open. New labor data, a stronger U.S. dollar, and index rebalancing activity may drive some short-term volatility in gold prices. The U.S. employment report, due later this morning, will sharpen the picture on the labor market. Analysts believe hiring increased in December but expect unemployment will have moderated only slightly to 4.5% fro ...