Gold price holds above 2-1/2-week low but set for second weekly drop
Gold was hovering above a 2-1/2-week low on Friday as the dollar gave back some of its recent gains, but the metal was still headed for a second straight weekly decline on the prospect of higher U.S. interest rates.
May 29, 2015, 13:09 PM ISTGold price firms above $1,150 on softer dollar; eyes weekly drop
Gold firmed above $1,150 an ounce on Friday as the dollar nursed losses after an extended rally, but the metal was still headed for its sixth weekly dip in seven on concerns that U.S. interest rates would increase soon.
Mar 13, 2015, 07:11 AM IST