[BRIEFING.COM] The Nasdaq Composite (+1.61%) is firmly in front on Friday afternoon, up about 393 points.
Gold futures settled $16.90 higher (+0.4%) at $4,740.90/oz, down then -2.8% on the week, as Treasury yields and the dollar ease, offering a modest rebound after recent pressure. However, the metal remains down on the week as stronger inflation expectations driven by higher oil prices and geopolitical tensions have weighed on rate outlooks and limited upside.
Meanwhile, the U.S. Dollar Index slides about -0.3% to $98.57.