Gold recovers as dollar declines

 Gold prices rose today, Thursday, supported by a decline in the dollar, at a time when investors are focusing on talks between US President Donald Trump and Chinese President Xi Jinping.

By 13:10 Moscow time, the price of gold in spot transactions increased by 0.18% to $4697.14 per ounce, and US gold futures for delivery next June stabilized at $4704.90 per ounce.

The dollar declined, making gold priced in the US currency less expensive for holders of other currencies. The US currency index recorded 98.51 points in afternoon trading.