Gold prices rise, set for weekly gains amid weak US data and softer dollar



Gold prices edged higher on Friday, poised to log weekly gains as disappointing U.S. economic data and a softer dollar boosted investor demand. Traders now await U.S. payroll numbers for insights into the Federal Reserve’s rate path. Spot gold rose 0.3% to $3,361.36 an ounce, while U.S. gold futures also gained 0.3% to $3,384.40.

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