Bengaluru — Gold fell on Friday, inching towards the previous session’s six-week low as the dollar strengthened, with prices set for their biggest monthly fall this year. Spot gold declined 0.2% to $1,284.28/oz at 4.34am GMT, on track to register a 2.8% decline in September, the largest monthly fall so far in 2017 and the biggest monthly drop since November. However, it was set to end the quarter up about 3.5% after prices rose in July and August. US gold futures fell 0.1% to $1,287.70/oz. Gold was mostly being influenced by the dollar’s movements in an otherwise quiet session, said Yuichi Ikemizu at ICBC Standard Bank in Tokyo. The dollar rose against a basket of major currencies on Friday. The greenback pulled back from a one-month high reached earlier on Thursday as investors this week were supportive of the Trump administration’s tax plan and the outlook for Federal Reserve policy. "As long as nothing happens on the North Korea front, I guess we’ll have a pretty quiet Friday," I...
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