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Gold rises slightly and is set to record losses for the second week

Gold rises slightly and is set to record losses for the second week

Gold prices rose slightly today Friday, but are set to record losses for the second consecutive week, under the pressure of the rising dollar and US Treasury bond yields, as investors await US jobs data in search of indicators regarding the path of the Federal Reserve's monetary policy.

Gold in spot transactions rose 0.2 percent to $4186.71 per ounce, and US futures contracts for gold delivery in December rose 0.3 percent to $4218.60, according to (CNBC) network.

In other precious metals, silver fell 0.2 percent to $60.71 per ounce, platinum 0.3 percent to $1718.80, while palladium rose 0.6 percent to $1177.80.

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