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Gold prices set for second weekly gain; US payrolls on investors

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Silver set for best week since May 17
U.S. nonfarm payrolls report due at 1230 GMT
Palladium on track for third straight weekly gain
Gold prices were poised for a second straight weekly rise on Friday helped by a softer U.S. dollar, while investors braced for the nonfarm payrolls data, which could provide further cues on the Federal Reserve's rate cut timeline.

Spot gold
GOLD
rose 0.4% to $2,364.87 per ounce, as of 0941 GMT, after hitting a two-week high at $2,367.99. Bullion was up more than 1% for the week so far.

U.S. gold futures
GOLD
gained 0.2% to $2,372.90.

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