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Gold steadies, on track for second week of gains

Reuters  |  BENGALURU 

BENGALURU (Reuters) - Gold edged up on Friday after posting its biggest percentage fall in over two weeks in the previous session, and was set to post a small gain for a second week running amid tensions over Syria and a U.S.-China trade stand-off.FUNDAMENTALS * Spot gold rose 0.2 percent to $1,337.17 an ounce as of 0046 GMT, and was set for a weekly gain of 0.3 percent. U.S. gold futures fell 0.2 percent to $1,339.90 an ounce. * Gold prices dropped 1.3 percent on Thursday, the biggest one-day percentage fall since March 28, a day after bullion climbed to its highest in 11-weeks.* ...

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First Published: Fri, April 13 2018. 06:52 IST
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