Gold held recent gains to trade near a two-week high on Friday and was headed for its biggest weekly jump since January, after the Federal Reserve cautioned over its rate hike path and US economic growth.
Spot gold was steady at $1,170.60 an ounce by 0319 GMT, near a two-week high of $1,177.46 hit on Thursday. The metal is up about 1 per cent for the week – its biggest weekly gain since late January.
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