India, Feb. 4 -- Gold prices were sharply higher on Wednesday, extending gains from the previous session after the steep late January sell-off.
Spot gold was up 2.2 percent at $5,055.15 an ounce while U.S. gold futures were up 2.8 percent at $5,073.89.
A weaker U.S. dollar boosted demand for bullion as a delay in releasing key labor market data due to a partial government shutdown added to uncertainty in the markets.
U.S. President Trump has signed a $1.2tn (£880bn) budget to end a partial government, which will help fund most government agencies until the end of the fiscal year in September.
However, the Department of Homeland Security (DHS) will be funded only until the end of next week.
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