Mubasher: Gold prices dropped at Friday’s settlement, losing 0.5% for the week.
Comex February gold plunged $18, or 1.2%, to settle at $1,465.1 per ounce.
By 07:26 pm GMT, the US dollar index (DXY), which measures the US currency against a basket of six major currencies, went up by 0.32% to 97.72.
Source:
Mubasher