SINGAPORE: Gold ticked up in thin post-Christmas trading on Friday, but the metal was headed for a second straight weekly drop as strength in the dollar and equities hurt safe-haven bids for bullion.
Spot gold gained 0.3% to US$1,177.31 an ounce by 0020 GMT, not too from a three-week low of US$1,170.17 hit earlier in the week.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!