Gold climbs to $4,117 as dollar slips

PSX Update • Jul 10, 2026

Gold prices ticked higher on Friday as the dollar weakened, though the metal remained on course for a weekly loss amid worries that intensifying US-Iran hostilities could stoke inflation and push the Federal Reserve toward a tighter policy stance.

July 10, 2026 (MLN): Gold prices ticked higher on Friday as the dollar weakened, though the metal remained on course for a weekly loss amid worries that intensifying US-Iran hostilities could stoke inflation and push the Federal Reserve toward a tighter policy stance. Currently, spot gold is up 0.88% to $4,117.28 an ounce as of [09:20 am] PST, according to data reported by Mettis Global. The dollar slipped to a one-...