Gold prices fluctuate amid global uncertainty and US jobs data.

Gold prices slipped on Thursday due to a stronger US dollar and yields, but are still on track for a weekly rise as weak US economic data raises concerns of a slowdown. Safe-haven bullion has risen about 2% so far this week, surpassing the key $2,000 level, as oil prices surged after the shock OPEC+ output cuts, while data showed a slower US services sector and fewer job openings. Gold is seen as an inflation hedge, while lower interest rates decrease the opportunity cost of holding zero-yield bullion. Traders are awaiting the US jobs report on Friday for cues.