Gold set for best weekly gain since Nov as US dollar, yields ease

Gold set for best weekly gain since Nov as US dollar, yields ease

Gold prices on Friday were poised for their best weekly gain since last November, as investors await economic data that could provide clarity about U.S. Federal Reserve’s tapering policy, while a weaker dollar and Treasury yields supported bullion. Spot gold was flat at $1,820.08 per ounce, as of 0048 GMT. U.S. gold futures edged down 0.1% at $1,819.50.

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