German bank: The main support for the price of gold comes from the instability of American policies.

Gold futures rose, shaking off the earlier decline caused by stronger-than-expected US nonfarm payrolls data. Analysts from Deutsche Bank said in a report that after recouping the lost ground from the employment report on Thursday, the price of gold is expected to stabilize this week. The bank stated that the report was a mixed bag overall, but the slight decrease in unemployment rate is likely to make the Federal Reserve optimistic that the uncertainty around US tariff policies has not caused serious damage to businesses yet. The analysts wrote that the Fed may continue to delay rate cuts, which is a negative factor for gold. However, the main support for gold comes from the volatile US policies, eroding investors' confidence in US assets and boosting the safe-haven demand for gold.