Gold gains as softer dollar, economic concerns bolster appeal (Reuters)

The dollar index was on track for a weekly fall, making gold more attractive for those holding other currencies.

“Virus concerns are still weighing down on economic recovery and when you look at a lot of economic data, it looks like it’s moderating but there is still tremendous damage,” said Edward Moya, a senior market analyst at broker OANDA. “There’s still going to be need for more support.”

https://www.reuters.com/article/idUSKBN2690IO