Gold loses about one percent

Gold prices continued to stabilize near four-week lows as the dollar regained its recovery on positive economic figures from retail sales and the US labor market.

Gold lost about 1 percent of its value this week as risk appetite and dollar gains overshadowed investors' sentiment and undermined precious metal gains after weak European data fueled concern about high growth.

Inflation in Japan rose slightly in March but is still far from the Bank of Japan's target levels to abandon soft fiscal policy.

The CPI rose 0.8 percent in March as the Japanese central bank struggled to shore up prices in the aftermath of the US-China trade war, which badly hurt Japan's exports and made the bank's job more difficult.


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