Gold was set on Friday for a fourth straight weekly fall, as a resilient dollar and expectations of faster U.S. rate hikes to tame inflation kept bullion pressured near $4,000 per ounce. Spot gold fell 0.6% to $4,002.77 per ounce by ​0441 GMT. U.S. gold futures for August delivery lost 0.7% to $4,017.30. For the ​week, bullion was on track for a loss of 3.8%, having ⁠slipped below the key $4,000 level for the first time since November 2025 on ​Wednesday. “The rapid repricing of the hawkish Fed created a strong bullish momentum in ​the U.S. dollar, which eventually led to this significant downward drift in gold ... (full story)