Gold rises as investors await labour data

Gold increased on Friday trading session before a government report showed that payroll in the U.S. fall suggesting that the U.S. Federal Reserve may scale back its stimulus more and as physical demand outlook seen falling. Bullion for delivery in January advanced 0.8% to $1,238.15 an ounce and it traded at $1,235.83 as of 2:37 p.m. Singapore time.