Gold Slips on Dollar but Set for Weekly Gain
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- Gold prices slipped in the session, weighed down by a stronger dollar, with traders focused on upcoming Fed minutes and Gulf tensions
- Despite the session dip, gold was set for its first weekly rise in a month as investors scaled back Federal Reserve rate-hike bets
Why it matters: The tension between dollar strength and easing rate-hike expectations is defining gold's near-term path—traders are watching the Fed minutes for signals on the rate trajectory while Gulf tensions remain in focus.
