Gold on track for weekly loss
✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source
Gold is expected to end the week with a loss, with reports varying on whether it will be the second, third, or fourth consecutive weekly loss. The decline is attributed to factors such as a firm dollar and hawkish signals from the Fed, as well as rising oil prices. However, gold has also experienced some gains, including a recent jump due to Middle East tensions and a weakening dollar.
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