Gold prices rose today after falling earlier in the session after a shooting in France that killed a police officer ahead of the presidential elections in the weekend.
The incident, which is considered a terrorist act, raised demand on the safe haven again, specially ahead of the French elections after recent polls showed weaker chances for Far Right candidate Marie Le Pen.
On the other hand, the dollar widened its gains today after strong U.S. housing data, while U.S. treasury secretary said yesterday that tax reforms are near, causing the yellow metal to waver and limiting its gains.
Demand also rose on stocks away from the safe haven ahead of the weekend, with gold moving back and forth into the black and red for the time being.
Gold last traded at $1,286.6 an ounce, up from the opening of $1,280.6, with a session-high at $1,287.1, and a low at $1,278.4.