London -Saba:
Gold prices rose during Asian trading on Friday, supported by a slight decline in the dollar and rising geopolitical tensions, but it is heading for a weekly decline as markets await US data.
According to Reuters, gold in spot transactions rose 0.7 percent to $ 2,660.03 an ounce by 0236 GMT, but has fallen two percent since the beginning of the week so far.
U.S. gold futures also increased 0.8 percent to $ 2659.70.
The dollar index fell 0.2 percent, boosting gold's appeal to holders of other currencies.
As for other precious metals, silver in spot transactions increased 1.1 percent to $30.58 an ounce, platinum rose 0.9 percent to $939.75 and palladium rose 0.9 percent to $984.25, but all three metals are heading for weekly declines.
Gold prices rose during Asian trading on Friday, supported by a slight decline in the dollar and rising geopolitical tensions, but it is heading for a weekly decline as markets await US data.
According to Reuters, gold in spot transactions rose 0.7 percent to $ 2,660.03 an ounce by 0236 GMT, but has fallen two percent since the beginning of the week so far.
U.S. gold futures also increased 0.8 percent to $ 2659.70.
The dollar index fell 0.2 percent, boosting gold's appeal to holders of other currencies.
As for other precious metals, silver in spot transactions increased 1.1 percent to $30.58 an ounce, platinum rose 0.9 percent to $939.75 and palladium rose 0.9 percent to $984.25, but all three metals are heading for weekly declines.