Spot gold fell by 0.30%, down 1% for the week.
On Friday's New York close, spot gold fell by 0.30% to $4194.86 per ounce. After the release of US PCE inflation data at 23:00 Beijing time, it rose to $4259.34 per ounce to refresh the daily high. However, it significantly dropped and turned lower around 00:00. This week, it has fallen by a total of 1.03%. COMEX gold futures fell by 0.44% to $4224.30 per ounce, with a weekly decline of 0.73%.
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