Spot gold experienced a rise of 0.8%, reaching $2,320.95 per ounce by 1503 GMT. Additionally, U.S. gold futures for June delivery saw an uptick of 0.9%, reaching $2,329.70 per ounce.
As of 1521 GMT, spot gold witnessed a 0.4% decline, settling at $2,294.30 per ounce, marking its second consecutive weekly downturn with a total decrease of 1.8% thus far.
Gold faced downward pressure as the main indexes of Wall Street began on a higher note, thereby reducing the demand for the safe-haven and non-interest-bearing asset.