Gold prices dipped on Friday, heading for a third consecutive weekly loss, pressured by a strengthening dollar and hawkish signals from the U.S. Federal Reserve. The Fed's projections indicate a potential rate hike this year, impacting the non-yielding metal. Meanwhile, Goldman Sachs forecasts gold to reach $4,900 by December.
Gold prices dipped on Friday, marking a third consecutive weekly decline, influenced by a stronger dollar and hawkish signals from the US Federal Reserve, which indicated a potential rate hike. Despite these immediate pressures, Goldman Sachs forecasts gold to reach $4,900 by…
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