During the trading session, golden stocks rose against the trend, with Shenzhen China Bicycle A straight up limit. Yulong gold rose more than 7%, with Shengda resources, Yintai gold, Zhongjin gold, SD gold and other stocks rising at the forefront. On the news front, spot gold rose above $2360 per ounce during the trading session, with a cumulative increase of more than 1.5% this week. Market participants believe that the US labor market is experiencing a cooling down, which may indicate an increase in the risk of economic growth slowing down, enhancing the market's positive expectations for the Federal Reserve to start cutting interest rates early, supporting strong gold prices.