Gold prices retreat as investors await key U.S. inflation data
Gold was lower on Friday, down nearly 2% per week as traders position themselves in the U.S. inflation report. As the Friday morning was writing, gold futures fell to $3,320.20 at 0.7% per ounce, while spot gold fell 0.1% to $3,295.14 an ounce. The move comes after investors waited to release the Personal Consumer Expenditure…