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Gold set for biggest weekly drop in 3-1/2 months as US debt talks weigh
Gold set for biggest weekly drop in 3-1/2 months as US debt talks weigh
Gold prices on Friday were on course for their biggest weekly drop in 3-1/2 months as recent strong U.S. economic data and hopes for a resolution in the debt debate took some shine off bullion. The fundamentals include strong U.S. job growth numbers and hopes for a resolution in the debt debate, but these factors are likely to be overshadowed by the dollar's strengthening against other currencies.
Gold prices on Friday were on course for their biggest weekly drop in 3-1/2 months as recent strong U.S. economic data and hopes for a resolution in the debt debate took some shine off bullion. The fundamentals include strong U.S. job growth numbers and hopes for a resolution in the debt debate, but these factors are likely to be overshadowed by the dollar's strengthening against other currencies.
Gold prices on Friday were on course for their biggest weekly drop in 3-1/2 months as recent strong U.S. economic data and hopes for a resolution in the debt debate took some shine off bullion. The fundamentals include strong U.S. job growth numbers and hopes for a resolution in the debt debate, but these factors are likely to be overshadowed by the dollar's strengthening against other currencies. 
