PRECIOUS METALS | Gold Falls 3.24% This Week as Dollar Rises After Fed Remarks

U.S. dollar strength and shifting Federal Reserve policy expectations drove market moves this week, according to the report. After Fed Chair Kevin Warsh spoke on Friday, the dollar rose sharply in the short term and closed at 99.69, up 0.85% for the week. According to PANews, gold came under pressure as U.S. Treasury yields and the dollar moved higher. Gold fell 3.24% for the week, while spot silver declined 3.82%.