Gold holds firm but struggles to build momentum as Fed rate-hike risks linger
Gold (XAU/USD) holds modest gains on Friday, supported by a softer US Dollar (USD) and lower Treasury yields. However, hawkish Federal Reserve (Fed) expectations keep buyers cautious about chasing prices aggressively higher. At the time of writing, XAU/USD trades around $4,175, up 0.10% on the day.
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