Gold marks its biggest weekly decline in five weeks

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MG News | December 14, 2018 at 10:51 AM GMT+05:00

December 14, 2018 (MLN): Gold prices were steady on Friday supported by the uncertainty regarding Federal Reserve's policy outlook for next year. Nevertheless, the metal was on track to mark its biggest weekly decline in five weeks, as a steadier dollar weighed on the sentiment.

Spot gold was steady at $1,241.99 per ounce. The metal is down about 0.4 percent so far for the week. U.S. gold futures were down 0.1 percent at $1,246 per ounce.

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