On Friday gold prices were a subject to the sharpest rally since mid-March. Daily increase, which amounted to more than 2%, brought the spot to the 1,292.10 mark by session-end, up from 1,232.66 last Monday.
The US Dollar experienced another relatively sharp decline on Friday, falling below the 18-month low of 107.63.
The GBP/USD currency pair remained relatively unchanged on Friday, with the pair edging only 5 pips higher over that day.
Advance of the Euro against the Greenback was stretched over the American session on Friday, as the market allowed for a spike up until the 1.1450 mark.