Gold rises

Reuters
Bengaluru: Gold prices stayed on track for a second straight weekly gain early on Friday as they crept up on a weaker dollar, although trading remained in a tight range amid expectations of a U.S. interest rate hike next month.
Spot gold had climbed 0.1 percent to $1,279.21 per ounce by 0104 GMT. It is up about 0.3 percent for the week. U.S. gold futures for December delivery edged up 0.1 percent to $1,279.21. The dollar index , which tracks the U.S. currency against a basket of six major rivals, slipped 0.2 percent.
U.S. industrial production recorded its biggest increase in six months in October as the drag from hurricane-related disruptions unwound, but the underlying growth trend in output at the nation´s factories, mines and utility plants remained moderate.