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Gold $3,416.15 $(0.13) 0% Silver $39.05 $0.46 1.18% Platinum $1,359.95 $17.66 1.32% Palladium $1,103.24 $16.84 1.55%

Gold heads for third weekly fall on fading bets for Fed cut

Gold heads for third weekly fall on fading bets for Fed cut

Aug 18 (Reuters) - Gold gained on Friday as the dollar and bond yields eased but remained on course for a third straight weekly dip as strong U.S. economic data reinforced bets that the Federal Reserve will keep interest rates elevated.

Spot gold rose 0.3% to $1,894.41 per ounce by 1042 GMT, after touching its lowest in five months on Thursday. U.S. gold futures rose 0.3% to $1,920.80...[LINK]

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