Gold set for second weekly gain as Ukraine crisis lifts appeal

Gold set for second weekly gain as Ukraine crisis lifts appeal

Gold prices were set for a second weekly gain as talks between Russia and Ukraine made little apparent progress, although bullion saw a dip on Friday as elevated U.S. Treasury yields on the back of inflation data assuaged its safe-haven appeal. Spot gold was down 0.2% at $1,992.94 per ounce, as of 0203 GMT. U.S. gold futures were flat at $2,000.10.

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