Business
Gold price on track for second weekly decline – MINING.COM – MINING.com
For the week, bullion is down 0.3%, having more dropped more than 3% earlier this week.
Gold remains under pressure — falling by as much as 1.6% on Friday — as the US dollar bounced back, denting bullion’s appeal and setting it on track for a second straight weekly decline.
Spot gold fell 0.6% to $1,934.59 per ounce by 12:10 p.m. EDT, while US gold futures slid 0.3% to $1,945.90 per ounce. For the week, the precious metal is down 0.3%, having dropped more than 3% earlier this week following release of US Federal Reserve’s latest policy meeting minutes.
“The dollar has made a lot …
-
Noosa News20 hours agoHow Lily Steele-Park took her rapist to court and won
-
Noosa News24 hours agoStar’s Brisbane casino has been in the headlines for months: What’s the latest?
-
Noosa News21 hours agoE-biker charged with riding dangerously, assaulting cop
-
Business23 hours ago5 things to watch on the ASX 200 on Tuesday 8 July 2025