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Gold $2,304.58 $(14.97) -0.65% Silver $28.94 $(0.66) -2.23% Platinum $955.11 $(3.52) -0.37% Palladium $894.16 $(8.86) -0.98%

Gold heads for weekly loss on strong US economic data

Gold heads for weekly loss on strong US economic data

July 28 (Reuters) - Gold regained some ground on Friday as the dollar retreated, but still headed for its worst week in five after data pointing to a resilient U.S. economy soured bets for a dovish tilt in U.S. monetary policy.

Spot gold rose 0.6% to $1,956.69 per ounce by 1133 GMT, up from its lowest since July 12. U.S. gold futures gained 0.5% to $1,955.70...[LINK]

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