Publisher: Maaal International Media Company
License: 465734
Wednesday, 30 April 2025
Gold set for biggest weekly loss since November
Gold fell on Monday and was set for its biggest weekly decline in more than three months as the dollar strengthened, while investors awaited key U.S. inflation data for clues on the Federal Reserve’s monetary policy path.
Spot gold fell 0.1% to $2,874.69 an ounce
Gold has fallen 2% so far this week, its biggest weekly decline since November 2024, and is on track for its first weekly decline after eight straight gains.
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