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Gold $2,664.59 $6.85 0.26% Silver $31.86 $0.08 0.25% Platinum $942.90 $3.52 0.37% Palladium $982.10 $13.03 1.34%

Gold on track for fourth weekly loss on bets for hawkish Fed

Gold on track for fourth weekly loss on bets for hawkish Fed

July 7 (Reuters) - Gold prices edged up on Friday but were on track for a fourth consecutive weekly loss as strong U.S. jobs data strengthened bets for higher-for-longer interest rates by the Federal Reserve.

Spot gold was up 0.3% to $1,915.79 per ounce by 0902 GMT, with analysts attributing the small uptick to bargain hunting. U.S. gold futures rose 0.3% to $1,921.80...[LINK]

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