Gold achieves weekly gains exceeding 2% within a week

Gold achieved weekly gains of more than 2 percent, closing at $2,690 per pound, despite strong data issued by the US labor market.

Gold futures rose 0.9 percent to reach $2,715 per ounce, reflecting continued strong demand for the yellow metal.

Gold recorded its strongest weekly performance since mid-November, supported by demand for safe havens, at a time when investors are evaluating indicators about the path of interest rates that the Federal Reserve (the US central bank) will adopt this year, and the impact of the policies of US President-elect Donald Trump on the economy and inflation.