Gold on track for weekly loss as Fed rate hike expectations build

By Pablo SinhaGold was on track for a weekly loss on Friday, as rising US Treasury yields and growing expectations of Federal Reserve rate hikes weighed on the metal.Spot gold TVC:GOLD inched up 0.3% to $4,291.06 per ounce by 0844 GMT, but was down about 2% so far this week. US gold futures TVC:GOL…