Gold traded higher on Friday but was still set for a fourth straight weekly loss as a stronger U.S. dollar and hawkish Fed expectations continued to weigh on the metal. The move points to ongoing pressure from tighter policy bets and firmer FX conditions, despite the day’s uptick in prices.
Gold traded higher on Friday but was still set for a fourth straight weekly loss as a stronger U.S. dollar and hawkish Fed expectations continued to weigh on the metal. The move points to ongoing pressure from tighter policy bets and firmer FX conditions, despite the day’s uptick in prices.
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Request DemoOverall Sentiment
mildly negative
Sentiment Score
-0.25
