India, March 7 -- Gold prices inched higher on Friday and were set for a weekly gain ahead of the release of U.S. payrolls data later in the day.
Spot gold edged up by 0.4 percent to $2,922.27 per ounce in European trade, while U.S. gold futures were up 0.1 percent at 2,929.09.
A weaker U.S. dollar, ongoing trade tensions, and inflation worries continue to support bullion.
The dollar index held near a four-month low as confusion reigns around U.S. President Donald Trump's policy agenda and the impact of his trade policies on inflation, interest rates and economic growth.
Trump said on Thursday that his administration would not consider stock market reaction when hammering out the details of its tariff policy.
Treasury Secretary Scott B...