India, Oct. 16 -- Gold prices traded firm on Friday after rising over 1 percent in the previous session on a weaker dollar and falling bond yields.
Spot gold edged up 0.3 percent to $4,180.96 an ounce but headed for a small weekly decline due to uncertainty over the war in the Middle East and concerns over rising inflation. U.S. gold futures were up 0.8 percent at $4,202.65.
The annual inflation rate in the Eurozone accelerated for a third consecutive month to 3.8 percent in September 2026, the highest since September 2023, preliminary data from Eurostat showed earlier today.
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