Gold prices surged during Thursday's trade, having scored its lowest level in a week after two sessions of losses, the the day recovered after the dollar forecast for high versus major currencies which helped the precious metal to recover.
The dollar rose dramatically during yesterday's trades with the support of the fourth quarter growth data in the United States the American and that came out better than expected which caused further negative pressure on gold prices.
Meanwhile, Asian equities have seen a fluctuation in their performance, and this has helped increase demand for gold as a safe haven in the marketplace, as market uncertainty persists amid fears of world trade war.
Gold prices are currently traded at the level of $1327.04 for the ounce, after registering the lowest level at $1323.88 per ounce, and it opened today's meeting at the level of $1325.02 per ounce, registering the highest level at $1328.24 per ounce.