Gold prices face worst week in month on strong U.S. data

Gold prices face worst week in month on strong U.S. data

Gold prices dipped on Friday, set for their worst week in a month, as U.S. Treasury yields gained on strong economic data and dented the non-yielding metal's appeal, while palladium came off the record high marked in the previous session.

Spot gold was down 0.1% at $1,770.41 per ounce by 0626 GMT, dropped 0.3% so far in the week. U.S. gold futures were steady at $1,769.00 per ounce.