Gold fades for third straight week on economic recovery hopes
Spot gold was down 0.2% at $1,706.91 per ounce as of 0324 GMT. U.S. gold futures slid 0.7% to $1,714.50. “Gold prices have been under pressure after a miraculous stock market run that seems to be showing some signs of plateauing,” said Edward Moya, a senior market analyst at broker OANDA.