Gold faces third weekly decline as dollar, Treasury yields firm

Gold prices edged lower on Friday and looked set to fall for a third straight week, weighed down by a robust dollar and rising yields, while investors await the U.S. jobs report to assess its impact on monetary policy. Spot gold fell 0.4% to $1,869.26 per ounce, as of 0137 GMT, while U.S. gold futures slipped 0.4% to $1,869.10. Bullion has declined about 1.5% so far this week.

Gold faces third weekly decline as dollar, Treasury yields firm
Gold prices edged lower on Friday and looked set to fall for a third straight week, weighed down by a robust dollar and rising yields, while investors await the U.S. jobs report to assess its impact on monetary policy. Spot gold fell 0.4% to $1,869.26 per ounce, as of 0137 GMT, while U.S. gold futures slipped 0.4% to $1,869.10. Bullion has declined about 1.5% so far this week.