Gold prices hovered near the key US$1,900 per ounce level on Friday, helped by a weaker dollar and U.S. bond yields, as investors shrugged off data that showed a rise in U.S. inflation and hoped the Federal Reserve would not change its dovish stance, Reuters reports.
Spot gold was up by 0.1 percent at US$1,899.28 per ounce, as of 0059 GMT. Prices have risen by 0.5 percent so far this week.
U.S. gold futures climbed by 0.3 percent at US$1,901.20 per ounce.
The dollar index fell to trade at 90.057 after hitting a near one-week high in the previous session.