Gold flat, set for weekly rise on slower Fed rate-hike bets.
Gold prices held steady on Friday but were on track for a fifth straight weekly gain, as a weaker dollar and hopes of slower U.S. interest rate hikes boosted safe-haven bullion’s appeal.
FUNDAMENTALS
* Spot gold was little changed at $1,930.59 per ounce, as of 0054 GMT. Prices rose 0.5% this week.
* U.S. gold futures rose 0.4% to $1,932.40.
* The dollar index was headed for a second consecutive weekly decline, making bullion cheaper for holders of foreign currency.
