Baghdad / Nina Gold prices rose today, Friday, due to the decline of the US dollar, but it is still heading towards its first weekly loss in three weeks, affected by indications from Federal Reserve officials (the US Central Bank) that more interest rate hikes are on the way.
By 0433 GMT, spot gold rose 0.16 percent to $1,763.65 an ounce, heading for a weekly loss of regarding 0.4 percent.
US gold futures rose 0.2 percent to $1,765.60 an ounce.
As for other precious metals, spot silver rose 0.8% to $21.12 an ounce. Platinum rose 0.5% to $984.48 an ounce. Palladium rose 0.7% to $2020.19 an ounce./ End
