Gold prices slightly rose on Friday, as the US dollar fell against its peers, amid the lingering uncertainty about the second fiscal stimulus package in the US.
The White House is aiming at increasing the talks with congressional leaders to pave the way for a deal on the second stimulus package before the next presidential election.
The US House of Representatives Speaker Nancy Pelosi said yesterday that progress was made during negotiations with the White House and they're "just about there" on reaching the second Covid-19 stimulus deal, but warned that it’ll take a while to write the bill.
The dollar index fell against a basket of currencies by 0.2% to 92.7 points as of 21:27 GMT, after hitting a high of 93.1 and a low of 92.6.
Gold December futures rose by less than 0.1% or 60 cents, and closed at $1,905.20 an ounce, but posted less than 0.1% loss this week, with today's high at $1,917.3 and the low at $1,895.2.