Gold prices rose back above the key $1,500 level on Friday as the U.S. dollar slipped on the back of a strong euro, though hopes for a thaw in Sino-U.S. trade tensions supported equity markets, capping bullion’s gains.

Spot gold was up 0.6% to $1,507.96 per ounce as of 1156 GMT, up marginally for the week.
U.S. gold futures were up 0.6% to $1,515.60 per ounce.