Gold Prices Rise 1.1% to $4,386 Amid Weaker Dollar
Gold prices rose 1.1% to $4,386 on Friday, driven by softer oil prices and a weaker US dollar.
The market is closely watching Middle East developments and expectations for global monetary policy.
Oil prices declined for the third consecutive day, while the dollar retreated from recent highs, making commodities priced in US currency cheaper for holders of other currencies.