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Gold Records Second Consecutive Weekly Decline

M. Ali 22 August, 2020 12:32 am Commodities, Market Update

Gold prices rose on Friday, narrowing its weekly losses for the second week in a row.

This comes amid the US Dollar recovering some of its recent losses after falling to its lowest level in two years.

Gold futures marginally rose by 50 cents, or about 0.1%, and finished at $1,947 per ounce, falling by 0.1% for the week.

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