Gold Futures Gain for Second Week on Dollar, U.S. Growth

Updated on
  • Dollar has fallen for four days, providing a boost to gold
  • U.S. GDP grew at a 1.2% annual rate after weaker start to year

Gold futures gained for a second straight week as the dollar weakened and the U.S. economy grew less than expected in the second quarter, boosting demand for the metal as a store of value.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.