CNBC |
Gold hits 9-1/2-month low on firm dollar; set for third weekly loss
CNBC Gold fell 1 percent to its lowest in 9-1/2 months in Asian trade on Friday, heading for a third consecutive weekly decline, on expectations of a Federal Reserve rate hike and as the dollar extended its bull run against the yen. Spot gold was down 0.4 ... Gold Recovers From Nine-Month Low as Dollar's Rally Fizzles PRECIOUS-Gold edges lower on dollar and US rate hike prospects Gold Falls to 9½-Month Low on Strong Dollar |
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