Gold rises on weak U.S. dollar

CHICAGO, Jan. 4 (Xinhua) -- Gold futures on the COMEX division of the New York Mercantile Exchange rose on Thursday as the U.S. dollar weakened.

The most active gold contract for February delivery rose 7.20 U.S. dollars, or 0.35 percent, to close at 2,050.00 dollars per ounce.

The Federal Reserve's dovish switch for 2024, as revealed by the minutes of the Fed's December monetary policy meeting on Wednesda