Gold Gains as Dollar Softens But Its Heading for a Weekly Loss

Gold Gains arsenic Dollar Softens But It's Heading for a Weekly Loss

Gold futures were rising successful comparatively bladed trading arsenic the U.S. dollar and Treasury yields were sliding.

Futures were up 1.4% astatine $3,268.40 a troy ounce, but remained on-track for an wide play nonaccomplishment pursuing a crisp sell-off successful Thursday's session.

Exchange-traded money outflows suggest traders and investors person taken profits pursuing gold's 21% rally year-to-date, SP Angel analysts said successful a note.