Gold: Gold prices hovered near their highest level in more than a month on Friday, supported by a weaker dollar and rising expectations of a US Federal Reserve interest rate cut in September, which boosted demand for bullion. Spot gold was steady at $3,413.80 per ounce, after touching its highest since July 23 in the previous session. The metal has gained 3.6% so far this month. US gold futures for December delivery were unchanged at $3,473.80.

According to Qatar News Agency, the dollar slipped 0.4% overnight and was on track for a monthly decline, making dollar-priced gold cheaper for holders of other currencies. Markets are pricing in a 25-basis-point cut at the Fed's policy meeting next month. Non-yielding gold generally benefits from a lower interest rate environment.

Among other precious metals, spot silver eased 0.1% to $39.02 per ounce, platinum fell 0.2% to $1,356.69, while palladium was steady at $1,102.75.