Gold prices declined on Friday and are headed for their biggest weekly fall since November amid a stronger dollar. The dollar index is showing weekly growth of 0.7%. The growth of the U.S. currency puts pressure on quotations of the precious metal.
At the moment, investors are awaiting the publication of key inflation data in the U.S., which may affect further actions of the Fed in the field of monetary policy. monetary policy.
If the decline continues, a significant zone of support for the gold market may occur in the range of $2730-2800. emerge in the range of $2730-2800.