Bullion, silver pick up against weekly losses


Gold prices edged up from two-month lows on Friday, helped by a dip in the U.S. dollar as traders assessed the progress of U.S. debt ceiling negotiations and the Federal Reserve's rate hike path.

Spot gold rose 0.7% to $1,953.49 per ounce by 1142 GMT, while U.S. gold futures gained 0.5%...