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Gold heads for weekly loss on stronger dollar
short by / on Friday, 1 August, 2025
Gold prices traded flat on Friday, but were on track for a weekly loss as pressure from a stronger dollar outweighed support from trade uncertainty caused by US tariffs. Spot gold was steady at $3,287.65 per ounce, as of 0242 GMT. Bullion is down 1.5% so far this week. US gold futures eased 0.3% to $3,337.20.