Gold firmed on Friday (Jul 8) as the dollar came slightly off 2-decade highs, but bullion was set to post its biggest weekly drop in more than a month as the elevated greenback hit demand.
Spot gold firmed 0.3 per cent to US$1,744.07 per ounce by 1.06 am GMT. US gold futures rose 0.2 per cent to US$1,742.50.
The dollar edged down from 20-year highs, taking some weight off greenback-priced gold.
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