Gold faces third straight week of declines
Gold prices have slightly declined, expected to record their third consecutive weekly loss, as the rise in the dollar and signals of monetary tightening from the Federal Reserve affected the non-yielding metal. The spot price per ounce dropped to around $4,189, while August futures fell to approximately $4,208. The dollar remained near its highest level of the year, increasing the cost of gold for investors holding other currencies.
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