Ahead of the Christmas holiday on Thursday, gold prices rose because of the weakening of the dollar and the oil price recovery sentiment. Spot gold prices rose 0.69 percent to 1,075.80 dollars per troy ounce, after losing 0.7 percent in the last two sessions. While the price of US gold futures for February delivery rose $ 7.60 to 1,075.90 dollars per troy ounce. Throughout this year, gold prices have dropped 9 percent, a loss in the third year, largely due to expectations the US Federal Reserve will raise interest rates, which occurred in December.

The analysts said, "With the first US rate hike in nearly a decade, it is now focusing on the rate of increase in the future". The dollar slipped 0.3 percent against a basket of major currencies. Data on Thursday showed US weekly jobless claims rolling over the estimated near the 42-year low.

In other markets, crude oil prices constant at above $ 37 per barrel, the fourth day of gains after hitting its lowest since early 2009, on Monday. Gold was positively correlated with oil as the metal is seen as a hedge against oil-led inflation. On the other metal prices, the price of silver rose 0.4 percent to $ 14.33 per ounce, while palladium prices rose 0.7 percent to $ 558.65 and the price of platinum was up 1.1 percent at $ 877.35.