Bullion veers up on ailing dollar

25.07.2022

Gold bounced toward its first weekly gain in six weeks on Friday as a pullback in U.S. Treasury yields and the dollar's overall decline bolstered non-yielding bullion's safe-haven appeal as economic risks persisted.

Spot gold was up 1% to $1,736.19 per ounce by 10:02 a.m. EDT (1402 GMT). It was on...