While the focus is on key inflation figures, the gold price is about to experience its second consecutive weekly decline due to the resilience of the American economy, which is keeping the dollar at high levels on several occasions. weeks.

Spot gold was little changed at $2,021.28 per ounce at 0415 GMT. US gold futures rose 0.2% to $2,021.20. Both have lost 0.4 percent since the start of the week. According to Kelvin Wong, a senior market analyst for Asia-Pacific at OANDA, the American economy is still resilient and this is limiting gold's strength as well as the fact that expectations for the first rate cut have been pushed further into

For its part, bullion cut its weekly losses by gaining 0.4% on Thursday as Treasury yields fell due to the easing of inflationary pressures.

As for other metals, silver fell by 0.2% to $22.87 per ounce, platinum was stable at $891.90, and palladium fell by 0.5% to $935.89 per ounce.