In the meantime, the nominee to succeed Jerome Powell as the Chair of the Federal Reserve will be named next week, revealed US President Donald Trump. Daily market movers: Gold's advance halts as the Dollar recoversThe drivers behind Gold's move have been the US Dollar being steady and, investors booking profits. Source: Prime Market TerminalOn Thursday, UBS increased its forecast for Gold prices to $6,200 a troy ounce for March, June and September, up from $5,000 foreseen. Conversely, if Gold dives below $5,300, it could exacerbate a drop towards $5,200 and below. Gold Daily Chart