Gold Gains As Dollar Dips, But Set For Worst Month Since November 2016

Gold prices rose on Friday after hitting a more than six-month low in the previous session as the dollar retreated from recent highs amid a rising euro, but the yellow metal looked set to post its sharpest monthly fall in 19 months.

Spot gold was 0.3 percent higher at $1,250.98 an ounce, as of 0649 GMT. On Thursday, it touched $1,245.32, its lowest since Dec. 13, 2017.

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Suhani Verma

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