 "Gold")
Gold slipped as the $ rebounded on Friday, and platinum took a breather after expectations of a rebound in industrial demand drove a rally to a more than six-year peak and put it on course for its best week in two months.
Spot gold lost 0.5 per cent to $1,816.40 an ounce by 5:51 pm (IST) and US gold futures were down 0.6 per cent at $1,816.30.
“The inverse relationship between gold and the dollar has been strong recently and the rebound in the dollar has had a negative impact,” said David Madden, market analyst at CMC Markets UK.
The dollar edged up
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