Gold prices saw notable strength on Friday, boosted by a weaker U.S. dollar. The rise pared losses seen earlier in the week.
August-stamped gold settled at $953.70 per ounce, up $18.80 on the session. Prices touched as high as $958.10 after earlier touching $932.
Gold gained $2.40 on the volatile week as uncertainty in the global markets led to mixed feelings on the need for a hedge investment. The metal rallied about 2.8% in the month of July.
The dollar tumbled versus the euro and moved within a penny of its 2009 lows. The buck also fell to a four-week low against the pound.
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