Gold prices were headed lower on Friday, even though data that could show U.S. consumer prices hitting the highest level in about 40 years is due during the session, but rising U.S. bond yields and a firmer dollar have limited the precious metals value as an inflation hedge.
Gold prices were headed lower on Friday, even though data that could show U.S. consumer prices hitting the highest level in about 40 years is due during the session, but rising U.S. bond yields and a firmer dollar have limited the precious metals value as an inflation hedge.