Gold held gains after the biggest advance in almost two weeks as investors await reports that may show the U.S. economy lost momentum last quarter and employers added fewer workers, boosting the case for sustained stimulus.
Gold traded little changed after a six-day losing run that sent prices to a near-three-week low as data showed U.S. service industries grew faster than forecast, boosting the case for the Federal Reserve to pare stimulus.
As it expands abroad, the world’s largest subscription video service, Netflix Inc., has yet to make a profit from its international operations. Britain’s Tesco Plc wants to make Netflix’s life overseas even more difficult.
Copper, oil and corn fell while gold rose to a record as a lack of progress in raising the U.S. debt ceiling boosted concern the world’s largest economy may default, hurting commodities demand and increasing demand for a haven.