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Gold $2,369.33 $(16.22) -0.68% Silver $28.09 $(0.76) -2.63% Platinum $962.96 $(9.01) -0.93% Palladium $1,020.78 $(10.61) -1.03%

Gold faces biggest weekly fall in six on higher yields

Gold faces biggest weekly fall in six on higher yields

Aug 4 (Reuters) - Gold on Friday was on track for its biggest weekly decline in six as data projecting continued strength in the U.S. labour market firmed bets for U.S. interest rates remaining elevated and boosted Treasury yields and the dollar.

Spot gold was down 0.1% at $1,932.09 per ounce by 1046 GMT and U.S. gold futures were trading 0.1% lower at $1,967.20...[LINK]

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