Gold flat; set for biggest weekly dip in 10 after hawkish Fed

Gold was flat on Friday and set for its sharpest weekly decline since November, as markets digested the U.S. Federal Reserve's policy tightening plans that propelled the dollar index to a multi-month peak. Spot gold was unchanged at $1,796.41 per ounce by 0109 GMT. U.S. gold futures was up 0.2% at $1,796.00.

from Commodities-Markets-Economic Times
Read The Rest:economictimes...