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Gold on Track For Biggest Weekly Drop This Year
Friday, 23 February 2018 21:32 WIB | PRECIOUS METALS |GOLDEMAS

Gold was marginally lower Friday as it headed for its biggest weekly decline so far this year as the dollar stabilized.

April gold fell 40 cents, or less than 0.1%, to $1,332.30 an ounce, and March silver lost 1 cent, or less than 0.1%, to $16.580 an ounce. The silver-focused exchange-traded iShares Silver Trust and the gold ETF, the SPDR Gold Shares both eased in premarket action.

Gold futures head toward a weekly retreat of roughly 1.8%, according to FactSet, a move largely set in motion with a steep decline early week before a mild recovery over the last few sessions.

Source : Marketwatch

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