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Gold $3,323.35 $(0.54) -0.02% Silver $37.08 $0.08 0.21% Platinum $1,361.52 $1.6 0.12% Palladium $1,138.54 $(5.43) -0.47%

Gold heads for weekly loss on strong US economic data

Gold heads for weekly loss on strong US economic data

July 28 (Reuters) - Gold regained some ground on Friday as the dollar retreated, but still headed for its worst week in five after data pointing to a resilient U.S. economy soured bets for a dovish tilt in U.S. monetary policy.

Spot gold rose 0.6% to $1,956.69 per ounce by 1133 GMT, up from its lowest since July 12. U.S. gold futures gained 0.5% to $1,955.70...[LINK]

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