Mubasher: Gold prices rose in Friday’s early trades despite the decline of US dollar and expectations that the US Federal will raise interest rates in December.

Gold prices rose by 0.35% to reach $1,173.2 per ounce by 6:50am GMT.

The yellow metal decreased 0.03% to $1,282.55.

Silver increased 0.15% or 26 cents to stand at $17.612 per ounce.

The US dollar (DXY), which tracks it against a basket of six currencies, went down 0.25% to reach 99.5 points during the same time.