Gold pushed higher despite calls from one senior Fed official for higher interest rates by the end of the March 2015.
James Bullard, the St Louis Fed president, said he estimates that by then the US economy should be growing at 3% consistently.
When US interest rates will start to rise has been the main focus of attention for markets for some time with gold getting a boost last week when the Fed chair Janet Yellen said they would stay low for a considerable period.
At a time when countries such as the UK are flagging interest rate hikes by the end of the year, the US stance has knocked the dollar, another help for the gold price.
Spot gold was trading around US$1,317 on Friday shortly after the US markets opened.
Around that level, the metal will have risen by about 5% in June and by about 10% since the start of the year.
The geo-political situation has also boosted safe haven demand, with the situation in Iraq and increased tension in Ukraine.
Its new president Petro Poroshenko, signed the controversial trade treaty with the European Union today.
It was the ousted former president’s decision to ditch the treaty in favour of closer ties with Russia that sparked the original unrest and now near civil war in the country.
Spot gold was up US$1 at US$1,317 after an hour’s trading on Wall Street.
Silver was US$21.11 and platinum US$9 higher at US$1,476.
