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Gold dips for third straight session as dollar, yields weigh

Gold dips for third straight session as dollar, yields weigh

May 12 (Reuters) - Gold fell for a third session on Friday, weighed down by higher yields and a steady dollar, but stayed above the key $2,000 level on expectations of rate cuts towards the end the year.

Spot gold was down 0.6% to $2,004.15 per ounce, as of 1149 GMT, shedding 0.6% so far in the week. U.S. gold futures also fell 0.6%, to $2,006.60...[LINK]

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