Gold slips after US data puts investors in a risk-on mood
Spot gold slides 0.3% as metal is set for its second straight week of losses
Bengaluru — Gold prices remained under pressure on Friday, following a 2% drop in the previous session, as robust US data encouraged a return to riskier assets and hit demand for safe-haven bullion.
Spot gold was down 0.3% at $1,514.90/oz as of 4.19am GMT. Prices fell to $1,509.03/oz on Thursday, their lowest since August 23, following upbeat private payrolls and services industry data from the US...