Gold on track for third weekly loss on firm dollar, hawkish Fed signals
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Gold is expected to post a weekly loss, with some reports indicating it would be the third straight weekly loss, while others suggest it would be the fourth. The firm dollar and hawkish federal reserve signals are cited as factors contributing to the decline. However, there is some uncertainty in the reports, with gold's movement described as easing at times and extending losses at others, amid a strengthening dollar.
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