Daily Gold Update

Source: Marketwatch

New York— Gold futures rose Thursday, getting a boost from the dollar's decline against other currencies. Gold for December delivery rose $4.50 at $740.20 an ounce on the New York Mercantile Exchange. Earlier in the session, gold hit an intraday low of $726.50.

"Investors are awaiting U.S. non-farm payrolls tomorrow, to see how U.S. dollar trends develop," said analysts at Action Economics. "Traders remain bullish on the long term trend also because of strong physical demand expected for the fourth quarter." See full story.