Gold prices slipped on Friday and were headed for a second consecutive weekly decline as a firmer US dollar and elevated Treasury yields kept pressure on bullion, with traders awaiting key US employment data for fresh clues on the Federal Reserve’s interest-rate path.
Spot gold fell 0.6% to $4,154.78 per ounce and was down more than 3% for the week so far. US gold futures declined 0.4% to $4,184 per ounce.
