Gold prices continued with the weak trend of the prior week and closed in the negative territory with losses of around 0.47%. The precious metal witnessed swings during the week as prices recovered amid buying interest coming in at lower levels of around $1730 per ounce but gave up all the gains towards the close of the week. The key moving factor, which exerted pressure on gold was the upwards momentum in the dollar index which drew strength from better-than-expected economic data and hawkish comments by various Fed…
