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Gold prices climbed more than 1% to around $4,180 an ounce on Friday, reaching a one-week high as investors weighed a softer US dollar and retreating oil prices against the prospect of further Federal Reserve rate hikes. Oil prices pulled back following a recent rally after US President Donald Trump said Washington wou
Spot gold gained more than 1% to $4,182.59 by 1200 GMT, after easing oil prices and a softer US dollar.
Spot gold gained 1.4% to $4,189.99 by 0842 GMT and was set for a weekly gain after a softer US dollar and cooling oil prices.
* Oil has continued to trend lower during Wednesday's APAC session as talks continue on the sidelines of this week's UN gathering. The fact negotiations are even taking place to facilitate Middle East energy shipments is driving optimism in markets but the situation remains very precarious. UST futures are higher, but