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Gold Ticks Up on Softer Dollar, but Heads for Weekly Fall

Source: aawsat · 2026-10-16T02:18:54 UTC

Gold edged higher on Friday as the dollar weakened, but the metal was still on track for a small weekly loss as investors weighed signals from the Federal Reserve on interest rates. Spot gold rose 0.2% to $4,179.19 per ounce by 0633 GMT, but was down 0.4% so far in the week. US gold futures for December delivery climbed 0.7% to $4,200.50. "Gold has been trapped in a range of $4,221, with the botto

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