Gold closes lower as dollar firms

Gold prices fell during today's trading on the dollar's pressure, which rose against most major currencies and pushed investors away from the precious metal as a safe haven.

The market's concerns about the trade war and Google's decisions eased today after the US Department of Commerce announcement to grant a temporary exemption to Huawei to allow it to deal with technology companies in the country.

Google has decided to stop some activities with Huawei, among which to stop the availability of the operating system "Android" on the mobile phones and tablets manufactured by the Chinese company.

The founder of Huawei said today that politicians in the United States do not appreciate the strength of the company enough.

Separately, the dollar index rose by 0.1% to 98.02 points as of 18:17 GMT, hitting a high of 98.1 points and a low of 97.8 points.

Gold futures (June delivery) fell 0.3% to close at $1273.2 an ounce. The precious metal hit a high of $1277.7 and a low of $1269.