On Friday, gold updated the annual maximum, but as a result, trading finished at the opening level of the trading day.
On Tuesday, most of the day gold was trading in the red zone, remaining under pressure from the dollar and a rather optimistic situation on the stock markets.
Gold finished trading on Tuesday in the red zone, being under pressure from the US currency.
On the first day of the new trading week, gold was expectedly trading in a limited range, keeping the lateral direction of movement.
Gold ended the trading week on a positive note, thanks to the increased geopolitical risks, against which investors are reluctant to take risks and actively buy traditional defensive assets.