Gold prices rose for the first time in four sessions and settled at $1289.76 an ounce as a softer dollar lent some support to the precious metal.
Gold prices dropped $4.22 an ounce on Wednesday, dragged down by a stronger dollar and U.S. equities closing at record highs.
Gold prices fell $10.22 an ounce on Tuesday, extending their losses to a second straight session, as strength in the U.S. dollar eroded the appeal of the precious metal.
Gold prices moved lower on Monday as the dollar clawed back some of its recent losses.
Gold prices rose $9.91 an ounce on Friday, up for the sixth straight session to $1303.29, as a softer dollar lured investors back into the market.
Gold prices ended Thursday slightly higher after a quiet session. XAU/USD reached the $1298-$1296 area as expected but was unable to break through.
Gold prices rose for a third straight session on Tuesday and settled at $1287.63 an ounce as the dollar fell ahead of the minutes of the Federal Reserve’s September policy meeting and inflation data.
Gold prices ended Monday’s session up $7.87, boosted by short covering in response to geopolitical concerns.
Gold prices rose $7.72 on Friday, recouping earlier losses, and settled at $1276.15 an ounce as traders assessed the likelihood of a December rate hike in the wake of a mixed employment report.
Gold prices dropped $6.81 on Thursday as the dollar appreciated ahead of key U.S. jobs data.
Gold prices ended Wednesday’s session up $2.91 an ounce, supported by a weaker U.S. dollar index.
Gold prices rose slightly on Tuesday after dropping to a seven-week low earlier in the day.
Gold prices fell $8.55 an ounce on Monday as the U.S. dollar’s strength against other currencies weighed on the market.
Gold prices settled at $1279.33 an ounce on Friday, suffering a loss of 1.41% on the week and 3.19% over the month.
Gold prices rose $4.62 an ounce on Thursday as a retreat in the dollar sparked some short-side profit taking.