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Gold $4,534.52 $(8.8) -0.19% Silver $75.49 $(0.37) -0.49% Platinum $1,933.10 $(17.12) -0.88% Palladium $1,361.55 $(5.53) -0.4%

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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