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Gold prices rose on Friday as US Federal Bureau of Investigation (FBI) director Komi suddenly dismissed investors worried about the demand for gold, dollar and US debt yields fell. Gold may be flat this week.

1852 GMT, spot gold rose 0.3 percent at $ 1,228.01 an ounce, hovering around the 100-day moving average. The day before the gold rose 0.5%, the largest single-day increase for a month.

US gold futures closed 0.3% higher at $ 1,227.70.

"Political uncertainty is still supporting gold," said Martin Arnold, an analyst at ETF Securities, who said that FBI Director Komi was dismissed and the UK election was uncertain.

But the US Federal Reserve Board (FED / Fed) may raise interest rates in June to raise the price limit.

According to CME Group's FedWatch, traders are expected to raise interest rates by 100% in June.

The global stock market closed at a record high, as concerns about US retail sales generally, concerns about the Chinese banking system prompted investors to lock in near-term profits, pushing up US debt yields and the dollar.

"Gold has found technical support on an uptrend line," said Fawad Razaqzada, technical analyst at Forex.com.

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