Gold steadies, heads for third straight weekly gain
Gold held steady on Friday but was on track for a third straight weekly gain, buoyed by a weaker dollar and US Treasury Department efforts to hold down longer-term yields. Spot gold was little changed at $4,514.23 per ounce, as of 0031 GMT, after hitting its highest level since early June in the previous session. Prices were up 3.2% for the week. US gold futures steadied at $4,571.20. The US dollar was headed for a weekly loss, making dollar-priced commodities cheaper for holders of other currencies.