Gold prices ended Tuesday’s session down $0.63 as the dollar strengthened on the back of the better-than-expected U.S. data.
Gold prices rose $5.39 an ounce on Monday, supported by a weaker U.S. dollar.
Gold prices settled at $1288.31 an ounce on Friday, suffering a loss of 0.29% on the week, as strength in global equities curbed appetite for the safe-haven metal.
Gold prices ended Thursday’s session nearly unchanged, taking a breather after jumping 0.9% the previous day.
Gold prices ended Wednesday’s session up $11.41 an ounce as the dollar weakened after minutes from the Federal Reserve’s latest meeting showed some officials were concerned over the inflation outlook.
Gold prices rose $3.39 an ounce on Tuesday as a retreat in the dollar helped the metal trim a portion of the previous day’s losses.
Gold prices fell $15.53 an ounce on Monday, weighed down by a rally in the U.S. dollar index.
Gold prices settled at $1294.12 an ounce on Friday, rising 1.5% on the week, as a weaker U.S. dollar index and declines across global equity markets generated demand for the precious metal.
Gold prices ended Wednesday slightly lower after a volatile session. XAU/USD climbed above 1283.50 and tested the resistance around the 1288 level, but it was unable to pass through.
Gold prices ended Tuesday’s session up $2.02 as weakness in the U.S. dollar and pullbacks in major stock markets helped boost investor appetite for the precious metal.
Gold prices ended Monday slightly higher after a quiet session.
Gold snapped a three-week losing streak as a softer dollar and falling stocks prompted investors to seek safer assets.
Gold prices rose for a second-straight session on Thursday as declines in global equities increased desire for safe haven diversification.
Gold prices rose $6.13 an ounce on Wednesday, hitting the highest level in three weeks, as concerns over U.S. tax reforms weighed on the dollar.
Gold prices dropped $6.52 an ounce on Tuesday but remained within the trading range of the past eleven days.