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Gold prices ended Monday’s session up $17.85, helped by a slumping U.S. dollar index that hit a 15-month low.
Gold was extending its gains in afternoon U.S. trading as disappointing U.S. housing data pressured the dollar. XAU/USD reached the $1308-$1304 area
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Get the USD/CAD Forex signal for August 28, 2017 here.
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Gold prices settled at $1291.46 an ounce on Friday, gaining 0.6% on the week, as a drop in the U.S. dollar index lent some support to the precious metal. T
The EUR/USD pair exploded to the upside on Friday, as Janet Yellen failed to mention anything about monetary policy during her speech.
The USD/JPY pair had a slightly negative session on Friday as we continue to bounce around below the 110 level.