Gold prices have surged for the third consecutive day, marking a rise of 0.35% as safe-haven demand increases due to uncertainties surrounding proposed political changes in the US. Meanwhile, the UK faces its budget crisis, further enhancing gold’s position as a desired asset.

The precious metal currently trades at $2,671 as market participants react to ongoing global economic conditions. As the NFP report approaches, many are anxious about how it could impact both gold prices and widespread market sentiment.

This third-day rally suggests that bullish sentiment remains strong. Key drivers of this trend include risk aversion and global economic uncertainties, compelling many investors to shift their portfolios towards gold.

As anticipation builds, staying updated on economic events that could influence market trends will be crucial.