An employee holds one kilogram gold bullion at the YLG Bullion International Co. headquarters in Bangkok, Thailand, on Dec. 22, 2023. - Photographer: Chalinee Thirasupa/Bloomberg
Gold edged down on Friday and was set for its worst week in more than three years, hurt by a stronger U.S. dollar amid expectations of fewer Federal Reserve rate cuts.
Spot gold was down 0.1% at $2,562.61 per ounce, as of 0554 GMT. It has fallen more than 4% so far in the week.
