Gold Flat But Set for Weekly Gains

Gold prices are broadly flat in afternoon trading but set to close the week in positive territory."Persistent demand continues to underpin prices, with ongoing purchases by central banks and resilient ETF inflows," says Milad Azar of XTB MENA, while "geopolitical tensions remain a key supportive pillar."The latest U.S. inflation data came in below expectations, sparking a rally on Wall Street Thursday, but economists cautioned against reading too much into the report because of gaps in data collection durin ...