The price of gold has edged modestly higher, snapping an eight-day losing streak as the US dollar retreated, but still hovered near its lowest in three months after robust US jobs data boosted expectations of a US rate hike in December.

The price of gold has edged modestly higher, snapping an eight-day losing streak as the US dollar retreated, but still hovered near its lowest in three months after robust US jobs data boosted expectations of a US rate hike in December.