Mubasher: Gold prices slightly increased on Friday amid a decline in global equity markets as investors avoided risks and resorted to the safe-haven precious metal.
At 3:50GMT, spot gold prices on London Metal Exchange rose 0.5% to $1,232.4 per ounce.
Gold futures on New York Mercantile Exchange (NYMEX) increased 0.3% to $1,233.5 per ounce.