Mubasher: Gold settled higher on Friday, rising 1% for the week and 7.7% for June.

At Friday’s settlement, comex August gold rose $1.7, or 0.1%, to settle at $1,413.7 per ounce.

By 08:01 pm GMT, the US dollar index (DXY), which measures the US currency against a basket of six major currencies, slipped 0.05% at 96.15.