Gold prices have shot up on Friday following the achievement of a two-decade minimum in the previous trading session. However, the demand for this precious metal remains weak.
"In recent weeks, investors prefer stocks as trading risks decrease," noted the analyst.
According to the agency, the price of gold depends on waiting for further actions of the central banks of the USA and Europe.
It is noted that last week the precious metal rose due to an increase in the yield of government bonds and the strengthening of the dollar.
