Gold heads for third weekly gain on dollar and yields
Gold prices edged higher on Friday and headed for a third consecutive weekly gain. A weaker dollar and US Treasury bond buyback plans supported precious metals.
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Gold prices rose 0.4% to $4,537.41 per ounce during Friday morning trade, heading for a third consecutive weekly gain. The advance is driven by a weakening dollar and a debt buyback program from the United States. Bullion has climbed 3.6% over the week, supported by broader precious metals momentum.
