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Gold Higher on US dollar Softness

2025-01-01OANDAOANDA
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 […]

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.

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