Gold prices slipped on Friday hurt by a resilient dollar as some investors bet that recent spikes in U.S. consumer prices are temporary. Spot gold had fallen 0.9% to $1,881.80 per ounce by 10:07 a.m EDT (1407 GMT). U.S. gold futures were down 0.7% at $1,883.30. The dollar index rose 0.4%, reducing gold’s appeal to investors holding other currencies. TD Securities commodity strategist Daniel Ghali noted U.S. employment and CPI data had failed to spur gold above $1,900, suggesting inflation hedging flows were slowing at the same time as physical flows were weakening. “As a result a pullback in gold should unfold,” he ... (full story)