Gold rises as the dollar falls in front of US GDP data



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Gold prices rose on Friday as the dollar retreated against competing currencies before US economic growth data, which could highlight the pace of interest rate hikes in the US. largest economy in the world. Dollars per ounce. The yellow metal is down 0.2% in US futures for delivery in August at $ 1223.20 an ounce
The dollar index, which measures the greenback's performance by compared to a basket of six major currencies, Percentage at 94,732. In contrast to the Japanese currency, the dollar fell 0.2% to 110.98 yen
A dollar lower would make gold cheaper for holders of other currencies
Among the others Precious metals, silver rose 0.4% to $ 15.43 an ounce. Fought at a seventh consecutive week
Palladium rose 0.4% to $ 930.50 an ounce and rose more than 4% during the week, which could be the biggest gain Weekly Metal since the week ending April 20th. Platinum at $ 822.75 an ounce.

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