Gold Poised for Fourth Weekly Loss Amid Strong Dollar and Rate Hike Expectations
Gold: Gold was set on Friday for a straight weekly fall, as a resilient dollar and expectations of faster US rate hikes to tame inflation kept bullion pressured near $4,000 per ounce. Spot gold fell 0.6% to $4,002.77 per ounce by 0441 GMT. U.S. gold f…