Gold prices slipped from nine-month high prices as dollar retreated on the back of political uncertainty in the US and a suspected terrorist attack in Spain aided the bullion prices.
Spot gold, was trading flat at 1,288.06 per ounce on Friday, earlier in the day it had touched its highest since November 9 at USD 1,300.80 per ounce.
US gold futures for December delivery settled down at USD 1,291.60 per ounce.
The Spanish government launched an extensive anti-terrorism operation on Friday, after a van mowed through a crowd of tourists in Barcelona, killing at least 13 people on Thursday.
Oil
prices soar as dollar weakens
Oil
prices soared on Friday’s trade as the dollar weakened. US crude
futures remained on track to close the week down as investors
remained worried about the global oil glut.WTI crude futures for September delivery settled up 3.02%, or USD 1.42, to USD 48.51 per barrel.
Investors also digested rig count data from Baker Hughes which showed that US rigs fell by five to 763.
