Gold set for third weekly decline as dollar firms
Posted on : 20 Mar 2026 | By : Middle East
Gold set for third weekly decline as dollar firms...
Chief Justice Roberts wants personal criticism of judges to stop Palestinian man stripped naked, assaulted, by Israeli settlers NYC man freed after 19 years in prison for robbery he didn't commit Kennedy Center votes to shut down for 2 years, names new president Gold set for third weekly decline as dollar firms NEW YORK, 20th March, 2026 (WAM) -- Gold prices saw a slight increase on Friday, but are heading for a decline for the third consecutive week, pressured by the strength of the US dollar and the US Federal Reserve's inclination toward monetary tightening, which has dampened hopes for a near-term interest rate cut. Spot gold rose 0.2% to $4,657.50 per ounce as of 0112 GMT. The precious metal has fallen by more than 7% since the beginning of the week so far. US gold futures for April delivery increased by 1.1% to $4,657.90. As for other precious metals, spot silver rose 0.1% to $73 per ounce, while spot platinum increased 0.1% to $1,972.80, and palladium rose 0.4% to $1,452.21. Gold set for third weekly decline as dollar firms Gold set for third weekly decline as dollar firms 20th March 2026, 17:25 GMT+11 NEW YORK, 20th March, 2026 (WAM) -- Gold prices saw a slight increase on Friday, but are heading for a decline for the third consecutive week, pressured by the strength of the US dollar and the US Federal Reserve's inclination toward monetary tightening, which has dampened hopes for a near-term interest rate cut. Spot gold rose 0.2% to $4,657.50 per ounce as of 0112 GMT. The precious metal has fallen by more than 7% since the beginning of the week so far. US gold futures for April delivery increased by 1.1% to $4,657.90. As for other precious metals, spot silver rose 0.1% to $73 per ounce, while spot platinum increased 0.1% to $1,972.80, and palladium rose 0.4% to $1,452.21. Read This Next India to prioritise domestic fuel needs amid export requests Wall Street, U.S. dollar dive on Israel, Iran attacks on energy facilties Amazon rolls out 1-hour delivery in US cities to counter Walmart Citi cuts bitcoin, ether forecasts as US crypto bill stalls Asia turns to coal as LNG supply squeezed by Middle East war Big News Network Big News Network News Agency Midwest Radio Network Mainstream Media BIG NEWS NETWORK.COM Contact & Support Terms & Conditions PRODUCTS & SERVICES News Releases Copyright © 1998-2025 Big News Network All rights reserved. ISSN: 2616-6917