Gold falls below $4,700 ahead of US NFP release

Gold price (XAU/USD) remains on the defensive near $4,675 during the early Asian session on Friday. The precious metal falls as US President Donald Trump's comments about the war with Iran spiked oil prices. Trading activity remains muted due to Good Friday. Gold price falls to around $4,675 in Friday’s early Asian session.Higher oil prices raised inflation concerns… Gold price (XAU/USD) remains on the defensive near $4,675 during the early Asian session on Friday. The precious metal falls as US President Donald Trump's comments about the war with Iran spiked oil prices. Trading activity remains muted due to Good Friday. Gold price falls to around $4,675 in Friday’s early Asian session.Higher oil prices raised inflation concerns and changed US interest rate expectations.The US March jobs data will take center stage later on Friday.Gold price (XAU/USD) remains on the defensive near $4,675 during the early Asian session on Friday. The precious metal falls as US President Donald Trump's comments about the war with Iran spiked oil prices. Trading activity remains muted… For traders, this matters because commodity headlines often feed directly into inflation expectations, sector rotation and currency pricing. Watch follow-through, not just the first reaction: liquidity, volatility and confirmation across related assets usually tell the real story.