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Gold prices are higher in Asia trade, trading up 0.35% at $1282.98 an ounce, as escalating trade tensions between the U.S. and China triggered some safe-haven buying that helped underpin gold.
Gold prices settled at $1280.12 an ounce on Friday, falling 1.48% on the week, as a solid rebound in the U.S. dollar dented appetite for the yellow metal.
Gold prices rose $2.77 an ounce on Thursday as worries about global trade offset pressure from a stronger dollar.
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Gold prices ended Wednesday’s session up $3.75 an ounce as the dollar’s rally in the wake of the Fed statement faded.
Gold prices were largely unchanged on Monday as investors awaited policy meetings from two of the world’s major central banks.
Gold prices settled at $1298.51 an ounce on Friday, rising nearly 0.44% over the course of the week, as safe-haven demand rose on geopolitical tensions.
Gold prices are largely unchanged in early Asia trading today as investors remained cautious ahead of key events such as the G7 summit and the Federal Open Market Committee meeting.
Gold prices ended Wednesday’s session nearly unchanged after shuffling between gains and losses.
Gold prices rose $4.17 an ounce on Tuesday, supported by a weaker U.S. dollar.
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Gold prices settled at $1293.25 an ounce on Friday, falling 0.42% on the week and 1.27% over the month.
Gold prices fell $3.54 on Thursday as the dollar strengthened on the back of upbeat U.S. economic data.
Gold prices rose $2.17 an ounce on Wednesday, supported by a declining dollar.
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Sign up to get the latest market updates and free signals directly to your inbox.Gold prices ended the day with slight gains, but remained locked within a sideways trading range.
Gold prices declined for a second session on Monday as easing geopolitical tensions lessened the appeal of the yellow metal.
Gold prices settled at $1300.62 an ounce on Friday, rising nearly 0.82% over the course of the week, as souring relations between the United States and North Korea