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Gold set for worst week in seven on dollar, yields strength

Gold set for worst week in seven on dollar, yields strength

Aug 11 (Reuters) - Gold prices on Friday were on track for their worst week in seven, hurt by an overall stronger dollar and elevated bond yields as investors digested the latest U.S. inflation numbers and awaited for more economic data later in the day.

Spot gold rose 0.3% to $1,917.73 per ounce by 1037 GMT, after touching its lowest level since July 7 earlier. U.S. gold futures edged up 0.1% to $1,950.20...[LINK]

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