Friday trading shows a moderate decline by 0.5% from gold against the background of mixed dynamics of stock indices and strengthening dollar.
Oil prices rose on Thursday after U.S. President Donald Trump said that Saudi Arabia and Russia could soon reach an agreement to end the price war, while Russian President Vladimir Putin called for a solution to stabilize the oil market.
Gold on Thursday is traded in different directions, keeping close to the opening level of the day.
After a slight correction, oil prices resumed their downward movement amid fears of an increasing imbalance between supply and demand in the oil market.
On Monday, oil prices fell sharply amid rising concerns about the spread of the coronavirus pandemic.