Gold edged lower in light trading on Friday and was poised for a weekly gain, as investors awaited cues on the U.S. economy to anticipate the Federal Reserve's interest rate path for 2025 and the incoming Donald Trump administration's policies.

GOLD prices were trading flat on Friday (Dec 27), but were set for a weekly rise, as markets awaited signals on the US economy under the incoming Donald Trump administration and the US Federal Reserve’s interest rate strategy for 2025.

Gold inched higher as investors focused on the U.S. Federal Reserve's interest rate strategy and anticipated tariff policies.

Gold gained on Thursday in light holiday trading, boosted by slight weakness in the U.S. dollar and geopolitical tensions, as investors eyed Federal Reserve's 2025 rate strategy and Donald Trump's tariff policies,