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RIYADH: Gold costs have been en path to their worst week since early February on Friday because the greenback strengthened after US Federal Reserve Chief Jerome Powell reiterated that extra rate of interest hikes have been within the offing, based on Reuters.
Spot gold was up 0.4 % to $1,921.29 per ounce by 1543 p.m. Saudi time, but stayed near a three-month low hit earlier within the session. Costs are down 1.8 % for the week.
US gold futures gained 0.4 % to $1,931.40.
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