Gold ticks up as dollar rally cools; set for worst week in six

Gold ticks up as dollar rally cools; set for worst week in six

Gold ticks up as dollar rally cools; set for worst week in sixSpot gold was up 0.3% at $1,873.83 per ounce at 0740 GMT. U.S. gold futures rose 0.1% to $1,879.20. “With the data front quiet, it appears that investors want to stay nimble and hedged by leaving their money in dollar, rather than moving to precious metals or U.S. bonds,” said Jeffrey Halley, a senior market analyst at OANDA.