Gold set for worst week in six months as trade calm dents appeal

News Snapshot:

Gold prices eased on Friday and were poised for their steepest weekly decline in six months, as a stronger dollar and waning trade war concerns dampened its appeal as a safe-haven asset. Spot gold fell 0.5 per cent to $3,223.06 an ounce as of 0222 GMT. Bullion has lost about 3 per cent so far this week and is set for its worst weekly performance since November 2024. U.S. gold futures shed 0.1 per cent to $3,224.90. The dollar added 0.3 per cent for the week so far and was headed for its fourth straight week of gains, making greenback-priced...