Gold falls 0.6% as investors await US payrolls data

Spot gold fell 0.6% to $4,063.39 per ounce by 0248 GMT on November 6, while remaining up 4% for the week. US gold futures for December delivery dropped 1% to $4,072.90. Reuters linked the decline to inflation concerns following a rebound in oil prices, as investors awaited US payrolls data later in the day.