Gold on track for third weekly gain as US rate outlook offsets dollar strength - Reuters

<a href="https://news.google.com/rss/articles/CBMitAFBVV95cUxOVk1Xa1pPY0RrdDdabnpiRXBBc01neVJTbHJiV25QSF9QWVFNcTF2dTBFVktzcTcxZkpiSFRJa1piNjA3NnU4QThyN2dpNk5Uc0R1YUVKNkJ2VmNqVjJlTThfZm03RFE1ZTBDTDNYa2RHdWtKYVZkUkpNaXA1a1NWTWxSVkJ0dFlpbjhNYm9pbkhaQ19HQ2w3Zl9IeTVjbzJnWXdIREhGTGQ2ekxVcjJHVS15TEY?oc=5" target="_blank">Gold on track for third weekly gain as US rate outlook offsets dollar strength</a>&nbsp;&nbsp;<font color="#6f6f6f">Reuters</font>

Gold prices dipped slightly due to a firmer dollar and US-Iran ceasefire uncertainty but remained on track for a third consecutive weekly gain as investors anticipated earlier and deeper US rate cuts, supporting non-yielding bullion.

Comex Gold prices are on track for a third consecutive weekly gain, boosted by expectations that the U.S. Federal Reserve will halt interest rate hikes after their upcoming July meeting. However, the metal experienced a slight setback on Thursday as the dollar and bond yields rose due to robust U.S. labor market data.