Dubai – (Massader News)
Gold prices rose on Friday, coinciding with the decline of the US dollar, and the price of metal futures rose about 0.6% to $ 1358 an ounce, according to a report published by Mubasher.
The price of spot metal delivery increased by 0.4%. to $ 1354.4 an ounce.
Gold prices were boosted by the dollar’s slide against major currencies after US jobless claims.
Data showed US jobless claims rose to 298,000 in the week ending September 2, according to Mubasher.
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