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Gold prices settled at $1332.69 an ounce on Friday, rising 0.52% over the week, as anxiety and risk aversion in the world marketplace prompted investors to seek safer assets.
Gold prices ended Thursday’s session down $6.36 an ounce as a rising dollar and signs the U.S. is looking to resolve the trade dispute with China dented demand for safe-haven assets.
Gold prices ended Wednesday’s session nearly unchanged as investors remained cautious ahead of the release of key economic data.
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Gold prices dropped $7.98 an ounce on Tuesday, pressured by climbing stocks and a strong dollar.
Gold prices rose $15.28 an ounce on Monday as the U.S. dollar and equities weakened after China imposed tariffs on a range of U.S. goods.
Gold prices settled at $1325.01 an ounce, suffering a loss of 1.67% over the holiday-shortened week but making a gain of 0.47% over the month.
Gold prices fell $20.03 an ounce on Wednesday as the market’s inability to hold above the $1340-$1339 area and better-than-expected U.S. economic data prompted investors to unwind bullish bets.
Gold prices ended Tuesday’s session down $8.98 an ounce, pressured by a rebounding dollar.
Gold inched higher on Monday as the dollar’s weakness persisted but a strong session for equities limited buying interest.
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Gold prices settled at $1347.45 an ounce on Friday, scoring a gain of 2.6% on the week, as a softer dollar and worries over growing trade tensions between the U.S. and China prompted investors to seek refuge in gold.
Gold prices fell $3.13 an ounce on Thursday as investors took profits from a rally spurred by a less hawkish than expected Federal Reserve and concerns over a brewing trade war with China.
Gold prices ended Wednesday’s session up $21.32 an ounce as the U.S. dollar weakened after the Federal Reserve took a less hawkish view on monetary policy than some market players were expecting.
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Sign up to get the latest market updates and free signals directly to your inbox.Gold prices fell $5.82 an ounce on Tuesday, weighed down by a rise in the U.S. dollar ahead of a Federal Reserve meeting at which the central bank is expected to announce its first rate increase of 2018.
Gold prices settled at $1313.52 an ounce on Friday, posting a loss of 0.76% on the week, as a stronger dollar reduced demand for the precious metal as an alternative investment.
Gold prices fell $8.47 an ounce on Thursday, weighed down by a rise in the U.S. dollar after a report showed that the number of Americans filing for unemployment benefits dropped last week.