Gold climbs to one-week high as demand rises on commodities

Gold prices rose on Friday ahead of the weekend to a one-week high as demand climbed on commodities in the markets, coupled with a persistent taste for the safe haven from jittery investors. 

Gold last traded at $1,337.4 an ounce, up from the opening price of $1,321.9, with an intraday high at $1,3339, and a low at $1,320.5. 

Gold's gains today come amid rising demand on commodities as risk appetite returned the markets, as Brexit blues waned off. 

On the other hand, the dollar fell versus an basket of major rivals, underpinning the greenback-denominated gold futures, especially with ongoing demand on safe havens. 

The dollar index, measuring the greenback's performance against a basket of six major currencies, last traded at 95.46, compared to the opening of 95.88, with a session-low at 95.40, and a high at 96.08, after the index hit a three-month high this week at 96.70.