Donald Trump
Gold prices are expected to reach $3,300 per ounce on stronger-than-expected ETF inflows and sustained central bank demand
Sheikh Mohamed and Trump noted the positive impact this development will have on the future of bilateral relations
American Petroleum Institute data showed that U.S. crude inventories fell by 4.6 million barrels last week
U.S. dollar gained 0.13 percent to 104.32, making bullion less attractive for other currency holders
PCE and GDP data on the horizon for market insights
OPEC+ ready to move forward with scheduled output increase in May
Spot gold was up 0.1 percent at $3,025.12 an ounce
West Texas Intermediate (WTI) crude futures lost 0.3 percent to $67.67 per barrel
The U.S. dollar index gained 0.15 percent to 104.01 on Friday, making crude more expensive for foreign buyers
So far this year, gold has recorded 16 record highs, four of which were above the $3,000 milestone
The Fed is expected to maintain interest rates at 4.5 percent amidst economic uncertainty
