Gold Slips With Higher Dollar as Traders Weigh Fed Rate Outlook

Group 1 - Gold prices declined as the Bloomberg Dollar Spot Index rose to its highest level since September 11, impacting bullion priced in dollars [1][2] - Spot gold decreased by 0.7% to $3,736.16 per ounce, while silver fell after reaching over $44 per ounce earlier in the week [2] - Investors are awaiting key US inflation and jobs data, with expectations that the Fed's preferred measure of underlying inflation may have grown at a slower pace last month, which could support arguments for rate cuts [1]