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Gold Posts Third Weekly Decline

M. Ali 30 October, 2020 11:28 pm Commodities, Market Update

Gold prices rose on Friday to limit its third consecutive weekly decline, amid uncertainty that is dominating the market.

Gold futures for December delivery rose by $11.90, or 0.6%, and settled at $1,879.90 per ounce, its lowest closing level since September 25.

For the week, gold futures posted a 1.3% decline, falling for the third weekly decrease in a row.

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