Mubasher: Gold prices declined on Friday on the back of a strong performance by the US dollar, pushed.

However, the metal managed to register its second consecutive monthly increase, despite declining for the last week of November.

Gold futures for February delivery went down by $4.40, or 0.4%, to settle at $1,226 per ounce.

This signal a weekly decline of nearly 0.3%, but the yellow metal ended November 0.9% up for the month.