Gold prices rose on Friday and were on track for a weekly gain, driven by escalating tensions in the Middle East that lifted demand for safe-haven assets. A weaker dollar and expectations of upcoming interest rate cuts by the U.S. Federal Reserve also supported sentiment. Spot gold was up 0.8% at $3,412.29 an ounce as of 0028 GMT, marking a 3.1% gain so far this week. U.S. gold futures climbed 1.2% to $3,384.40.
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