Gold edged up on Friday on safe-haven demand as Middle East tensions escalated, but was headed for a weekly decline, as inflation worries dimmed rate-cut expectations. Spot gold was up 0.3% at $5,090.16 per ounce, as of 11:37 GMT. It was down 3.5% so far this week, snapping a four-week winning streak, as fading prospects of interest rate cuts and a volatile dollar weighed on bullion. U.S. gold futures for April delivery rose 0.4% at $5,099.50. "Geopolitical risk remains a key factor supporting prices as hopes of a swift resolution in Iran do not appear forthcoming right now. However, upside potential is being ... (full story)