Gold prices edged lower on Friday as the U.S. dollar reclaimed a 2-1/2 month peak, but the metal was headed for its best week in six ahead of a speech by Federal Reserve Chair Jerome Powell that could offer clues on the interest rate outlook.
Spot gold eased 0.2% to $1,913.90 per ounce by 0323 GMT, while U.S. gold futures shed 0.3% to $1,942.
Gold has risen about 1.3% so far in the week, which could be its first week of gains this month, as prices climbed to their highest since Aug. 10 on Thursday after a retreat in U.S. Treasury yields.
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