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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.
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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.
Gold prices ended Wednesday’s session down $11.44, touching the lowest level in a month, as the dollar strengthened on the back of the better-than-expected U.S. data.
Gold prices ended Tuesday’s session down $5.84, weighed down by the strength in the greenback. Gold has recently come under pressure
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Gold prices rose $12.97 an ounce on Monday as rising tensions between North Korea and the United States prompted investors to seek shelter in safe-haven assets.
Gold prices settled at $1296.90 an ounce, falling nearly 1.7% over the course of the week, as a stronger dollar and climbing stocks dampened demand for gold.
Gold prices ended Thursday’s session down $10.14 an ounce as a surprisingly positive assessment of the U.S. economy from the Federal Reserve continued to weigh on the market.
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Sign up to get the latest market updates and free signals directly to your inbox.Gold prices dropped $10.01 on Wednesday as the prospect of a December rate hike by the Federal Reserve gave a lift to the U.S. dollar and weighed on the metal.
Gold prices ended Tuesday’s session with slight gains as the dollar weakened ahead of the Federal Open Market Committee meeting.
Gold prices ended Monday’s session down $11.98 as investors awaited the outcome of the Federal Reserve’s two-day policy meeting.