Gold gave up some gains posted a third straight weekly loss on the likelihood of a last-minute debt ceiling deal and as a hotter-than-expected US inflation.
Tough pill to swallow : Gold price plunges as markets bet on Fed s June rate outcome kitco.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from kitco.com Daily Mail and Mail on Sunday newspapers.
Gold fell below $2,000 on Tuesday after US economic data and hawkish remarks from Federal Reserve officials drove bets that interest rate cuts may be delay.