On Wednesday the yellow metal struggles with the first weekly resistance at 1,366.06. Gold surged above the 1,365 level, as the metal continued its slow surge.
The Euro was depreciating on Wednesday morning, as profit taking most likely is occurring after the previous surge on Tuesday.
US manufacturing activity contracted in July after Britain's decision to leave the European Union, official data from the Institute for Supply Management (ISM) revealed on Monday.
The activity of manufacturing sector in the UK economy surprised to the downside during the previous month, slipping into the contraction territory, since Brexit-related uncertainty had a great effect on the UK factory sector.
Gold has surged above the 1,350 level, as the metal continues its slow surge.
The common European currency slightly surged on Tuesday morning after a decline by the end of Monday's session.
The yellow metal surged to the 1,350 level on Friday. Previously, on the announcement of no rate change by the FOMC gold prices jumped by 20 US dollars.
The Bank of Japan (BoJ) announced an introduction of additional monetary stimulus at the end of its two-day meeting on Friday.
The number of people filing for unemployment benefits in the United States last week rose more than expected, fresh figures from the Department of Labor revealed on Thursday.
The common European currency is trading flat on Monday morning, as markets await for PMI Manufacturing data from Europe and the US.
The number of people filing for unemployment benefits in the United States last week rose more than expected, fresh figures from the Department of Labor revealed on Thursday.
The number of people filing for unemployment benefits in the United States last week rose more than expected, fresh figures from the Department of Labor revealed on Thursday.
The yellow metal continues to fluctuate around the level reached after the FOMC meeting. On the announcement of no rate change by the FOMC gold prices jumped by 20 US dollars.
The EUR/USD pair has finally started to move in a certain direction, as the currency exchange rate is in the third consecutive session of gains on Friday.
For the second consecutive month, orders for long lasting factory goods made in the United States fell, fresh figures from the US Census Bureau revealed on Wednesday.
UK GDP advanced 0.6% on a seasonally adjusted basis in the second quarter of 2016, as reported by the Office for National Statistics on Wednesday, surpassing the 0.5% market forecast and the 0.4% rise seen in the first quarter.
On the announcement of no rate change by the FOMC gold prices jumped by 20 US dollars. However, that only changed the level, at which Gold fluctuates, as it is bouncing around the 1,340 mark on Thursday morning.
The common European currency surged after the FOMC meeting. However, it did not set a direction, as it is fluctuating around the 1.1050 level against the US Dollar on Thursday morning.
New US single-family home sales rose more than expected in June, fresh figures from the US Census Bureau showed on Tuesday
New US single-family home sales rose more than expected in June, fresh figures from the US Census Bureau showed on Tuesday
Gold continues to fluctuate around 1,320 on Wednesday, as markets expect the FOMC rate.
The common European currency is fluctuating around the 1.10 level against the US Dollar on Wednesday morning.
Official figures from the US Department of Labor showed on Thursday that the number of Americans filing for government unemployment benefits in the week ended July 16 dropped to 253,000 from 254,000 registered in the previous seven days, signalling that the labor market continues to improve.
More bad news for a post-Brexit Britain came as the July's flash manufacturing PMI figure fell dramatically against the June figure and missed expectations.