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Gold prices edged up on Thursday, as investors awaited developments in the drawn-out debt ceiling negotiations in Washington, with gains in bullion capped by the US dollar rising to an over two-month high. Spot gold rose 0.2% to $1 961.55 per ounce by 09:47 GMT. US gold futures were steady at $1 964.10.
Spot gold fell 0.2% at $1,984.89 per ounce by 1032 GMT, while U.S. gold futures also slipped 0.2% at $1,995.20.
Spot gold fell 0.2% to $2,035.49 per ounce by 0935 GMT, with prices holding just below last session’s highs since March 9. U.S. gold futures fell 0.3% to $2,049.40.
* Gold up 1.3% so far this week, having hit one-year peak on Thurs * U.S. dollar hits one-year low * Eyes on U.S. retail sales data at 1230 ... | 06:08am
Gold prices held near one-year highs on Friday as recent US economic data reinforced hopes that the Federal Reserve was close to end