Gold futures on the COMEX division of the New York Mercantile Exchange rallied strongly on Friday, snapping its five-session losing streak, as a disappointing US job report weighed on the dollar.
The most active gold contract for December delivery rose $22.9, or 2.06 percent, to settle at $1,136.6 per ounce, Xinhua news agency reported.
The data saw investors scale back expectations for a rate hike by the US Federal Reserve, which undercut the dollar, lifting the appeal of the precious metal.
Analysts pointed that investors should forget about a 2015 rate hike as the US labour market is shrinking with the labour participation falling to a 38-year low.
The US central bank has been keenly watching employment and inflation as two key gauges to help influence its plans for kicking off the first interest-rate hike in nearly a decade.
Generally, increasing interest rates would boost the US dollar higher. Analysts note gold and the US dollar typically move in opposite directions, which means a weaker US dollar can be a positive for commodities priced in dollars, while a stronger dollar can weigh on commodities.
Meanwhile, the weak US data sparked worries that a global economic slowdown is dragging on the nation's growth, which pushed investors to safe-haven metals. Other date on Friday showed US factory orders fell in August.
Among other metals, silver for December delivery Friday added 75.2 cents, or 5.18 percent, to close at $15.263 per ounce, while platinum for January delivery gained $4.3, or 0.48 percent, to close at $909.5 per ounce.