Gold climbs to $4,537 on weaker dollar

PSX Update • Aug 21, 2026

Gold prices moved higher on Friday, keeping the metal on course for a third straight weekly advance as a softer dollar and the U.S. Treasury's decision to expand its bond buyback programme lent support to bullion.

August 21, 2026 (MLN ):  Gold prices moved higher on Friday, keeping the metal on course for a third straight weekly advance as a softer dollar and the U.S. Treasury's decision to expand its bond buyback programme lent support to bullion. Currently, spot gold is up 0.67% to $4,537.42 an ounce as of [10:05 am] PST, according to data reported by Mettis Global. The dollar was set for a weekly decline, a move that...