India, July 4 -- Gold ticked higher on Friday after falling 1 percent the previous day on diminished expectations for an imminent Fed interest-rate cut.
Spot gold rose half a percent to $3,340.94 per ounce in European trade and was up more than 2 percent for the week. U.S. gold futures were up 0.3 percent at $3,352.80.
A weakening dollar on tariff-related and fiscal worries boosted safe-haven demand for the precious metal.
The dollar index was on track for a second week of decline on concerns that the passage of Trump's 'big, beautiful' tax and spending bill would add trillions to the national debt and deepen fiscal imbalances.
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