Gold Slips Ahead of US Payrolls as Dollar Strength and Yields Pressure Bullion
Gold prices edged lower on Friday and were on track for a second straight weekly decline as a firmer US dollar and rising Treasury yields continued to weigh on the non-yielding metal. Traders are now focused on the upcoming US payrolls report, which could reshape expectations for the Federal Reserve’s next move and determine whether bullion finds support or extends its retreat.
