Gold Heads for Weekly Drop Amid Strong Dollar and Yields
Gold prices fell on Friday, reversing earlier gains, as a stronger dollar and elevated US Treasury yields weighed on the non-yielding metal, leaving it on track for a weekly decline. Spot gold fell 0.9% to $4,140.06 per ounce.
Gold prices fell on Friday, giving back earlier gains as a firmer dollar and elevated US Treasury yields pressured the non-yielding metal, leaving it set for a weekly decline. m. 4…