Gold’s Decline Under Pressure from Rising Dollar

Here’s the translated article:

Gold prices slightly retreated on Friday, influenced by the strengthening of the US dollar. Despite this decline, the precious metal remains on track to record a third consecutive week of gains, bolstered by expectations of a significant interest rate cut in the United States this year.

Price Decline in the Markets
In spot trading, gold fell by 0.1%, settling at $4,759.54 per ounce. However, it has seen a rise of 1.8% since the beginning of the week. Meanwhile, US futures contracts for June delivery decreased by 0.7%, reaching $4,782.70.

Mixed Performance of Other Precious Metals
Turning to other precious metals, silver advanced by 0.9% to $75.74 per ounce. In contrast, platinum dropped by 2% to $2,061.06, while palladium lost 1.2%, settling at $1,539.43.

Impact of the Dollar and Market Expectations
The rise of the dollar index has made gold, priced in US currency, more expensive for holders of other currencies, thereby impacting demand. Additionally, investors are closely awaiting the release of the US Consumer Price Index (CPI) data for March, scheduled for later in the day, to gauge future monetary policy directions.

This translation captures the essence and tone of the original French article while ensuring clarity and natural flow in English.