Bullion continues move towards bullish territory

01.08.2022

Gold prices rose on Friday and were on course for their best week in nearly five months, as the U.S. dollar extended its retreat in the wake of worrying U.S. economic data.

Spot gold rose 0.5% to $1,766.08 per ounce by 0824 GMT. It has gained about 2.1% so far this...