Gold was headed on Friday for its first weekly drop in four, as reduced bets for an early interest rate cut in the U.S. boosted the dollar and bond yields, while investors awaited a key employment report.
Spot gold was little changed at $2,042.89 per ounce, as of 0810 GMT. It has declined about 0.9% so far in the week.
U.S. gold futures were flat at $2,049.80.
Comments
Post a Comment