Gold prices fell during Friday's trading for the third straight day, marking its lowest level in three sessions amid stable dollar versus major currencies before the weekend.
Improved industrial sector data and US unemployment benefit data in support of the dollar's rise yesterday versus other currencies, as well as the markets began to focus with the Fed meeting next week.
In return, investors have become poorly interacting with gold as a safe haven and alternative investment in markets, as evidenced by current market developments which caused low risk appetite, and was supposed to support high gold but investors prefer to trade Japanese yen.
On the other hand, government bond markets are witnessing an increasing demand from investors, as they offer an investment return, although they are currently declining compared to gold, which is a value store.
Geopolitical tensions between Britain and Russia, unstable movements in the White House and the dismissal of President Trump's national security advisor, in addition to the fears of a commercial war all factors that would support high gold but the precious metal gave up these reasons to remain in Its vulnerable levels.