Gold Sees First Weekly Gain in Five Weeks as Investors Reassess US Rate Hike Expectations
Dubai: Gold rose more than 1 percent on Friday and set for its first weekly gain in five weeks, as investors dialed back expectations for US rate hikes. Spot gold was up 1.3 percent at $4,177.31 per ounce, as of 04:16 GMT, hitting its highest level si…