Gold prices rose to their highest level in almost three weeks, after data showed a larger - than - expected US economic growth slowdown weighed on the dollar and turn yellow metal to achieve a second consecutive monthly gain.
The US Commerce Department said gross domestic product grew 1.2 percent in the second quarter , compared with analysts ' expectations of growth of 2.6 percent.
It fell in the spot contracts in the beginning before rising to the highest level since July 12 at $ 1353.90 the ounce after the US data. At 1859 GMT , it was trading 1.4 percent high at $ 1353.44 an ounce.
Gold rose in US contracts 1.3 percent at the settlement to $ 1349 an ounce.
United the uncertainty over the path of interest rates from the rise of gold since it rose to its highest level in more than two years after Britain last month 's vote in favor of the exit from the European Union.
The dollar fell 1.2 percent on Friday against the basket of major currencies.
The US currency also declined due to the appreciation of the yen after the Bank of Japan expanded monetary stimulus program through only a slight increase in purchases of index funds , which disappointed investors who were expecting a stronger action.
Among other precious metals palladium climbed 2.7 percent in the spot contracts to $ 713.90 an ounce , its highest level since October 2015. The metal rose about 19 percent since the beginning of this month and is heading for the best monthly performance since February , 2008.
And platinum rose 2.7 percent to $ 1157.60 for Ooukah- the highest level in 14 Shahra- and moving to achieve the best performance of his monthly since January 2012 , with a height of more than 12 percent since the beginning of the month.