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Spot gold fell 0.4 percent to $2,864.94 an ounce, while April futures decreased 0.6 percent to $2,877.80 an ounce
Trump revoked Chevron's Venezuela license, halting imports and reinstated pressure on Iran's oil exports
Prices were expected to slip 1.4 to 2 percent this week due to profit-taking
West Texas Intermediate (WTI) crude futures climbed 0.4 percent to $69.17 a barrel
Spot gold experienced a slight increase of 0.1 percent, reaching $2,939.15 an ounce
Bullion gained more than 1 percent so far this week, rising to an all-time high of $2,954.69 on Thursday
Gold was trading near its all-time high of $2,946.85 it hit on Wednesday
The U.S. dollar fell to near its lowest level since December 17 in reaction to disappointing U.S. retail sales data on Friday
GASTAT highlighted that the Kingdom's inflation rate is considered the lowest among the G20 countries
Crude Oil WTI Futures expiring in March were similarly muted at $70.69 a barrel
The index sets rent increases using rental contracts, area averages, and building classifications
The U.S. imports a significant amount of gold and silver doré from Canada and Mexico for refining, which has now become more expensive
