Gold Up, but Heads Towards Second Consecutive Weekly Fall By Investing.com – Investing.com
- Date: 13-Aug-2021
- Source: Investing.com
- Sector:Oil & Gas
- Country:Middle East
Gold Up, but Heads Towards Second Consecutive Weekly Fall By Investing.com – Investing.com
By Gina Lee
Investing.com – Gold was up on Friday morning in Asia, but was set for a second consecutive weekly decline. Investors now await the U.S. Federal Reserve’s next monetary policy move.
were up 0.25% to $1,756.72 by 12:50 AM ET (4:50 AM GMT), and the yellow metal is down 0.5% so far for the week. The , which normally moves inversely to gold, inched down on Friday but remained close to a four-month high hit earlier in the week.
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