Gold prices dipped on Friday, heading for a third consecutive weekly loss, pressured by a strengthening dollar and hawkish signals from the U.S. Federal Reserve. The Fed's projections indicate a potential rate hike this year, impacting the non-yielding metal. Meanwhile, Goldman Sachs forecasts gold to reach $4,900 by December.

Gold prices fell significantly on Wednesday. The U.S. Federal Reserve kept interest rates unchanged but indicated a possible increase later this year. This move strengthened the…

Gold rate today: Gold is often seen as a hedge against inflation, elevated interest rates tend to pressure bullion.

Gold prices dipped on Friday, heading for a third consecutive weekly loss, pressured by a strengthening dollar and hawkish signals from the U.S. Federal Reserve. The Fed's…

Gold price today: Gold rate is set to become volatile in coming days as U.S. Dollar and Federal Reserve are witnessing major activities.

Gold price prediction: Gold rates extended their corrective phase and registered a third consecutive weekly decline, according to a bullion expert.

Gold fell 3.4% this week as the Fed turned hawkish. Gold proponents Giustra and Lepard say the precious metal's bull market is still intact.