Gold prices fall and the dollar rises

Gold prices at the auctions today, on Friday, decreased against the background of the dollar growth, and the prices for the precious metal are moving towards fixing the first weekly losses in five weeks.

And by 12:40 Moscow time, gold futures fell 0.24% to $1,767 an ounce.

While spot contracts fell 0.29% to $1,753.44 an ounce, according to Bloomberg data.

The dollar index, which measures the value of the US currency against a basket of six major currencies, rose 0.26% to 107.76 points.

Source: RT + Bloomberg

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