Gold finishes lower to log first weekly loss since mid-December
Gold futures prices dropped Friday to log their first weekly loss since mid-December, as investors pushed into riskier assets, including stocks, fueled by hope of potential progress toward a resolution in the U.S.-China trade dispute.
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Gold for February delivery GCG9, fell $9.70, or 0.8%, to settle at $1,282.60 an ounce— off some $11 from the midweek peak at an almost two-week high of $1,293.80. The contract lost about 0.5% for the week, after posting gains in each of the last three weeks. The settlement was the lowest year to date, FactSet data show.
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https://www.marketwatch.com/story/gold-p...2019-01-18
Gold futures prices dropped Friday to log their first weekly loss since mid-December, as investors pushed into riskier assets, including stocks, fueled by hope of potential progress toward a resolution in the U.S.-China trade dispute.
...
Gold for February delivery GCG9, fell $9.70, or 0.8%, to settle at $1,282.60 an ounce— off some $11 from the midweek peak at an almost two-week high of $1,293.80. The contract lost about 0.5% for the week, after posting gains in each of the last three weeks. The settlement was the lowest year to date, FactSet data show.
...
https://www.marketwatch.com/story/gold-p...2019-01-18
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