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> Gold futures traded lower on Friday, a day after recording the strongest daily surge for the month
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Gold futures traded lower on Friday, a day after recording the strongest daily surge for the month

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Rising US Treasury yields and an uptrend in the greenback exerted pressure on gold prices on Friday. Despite Friday’s performance, both gold and silver notched weekly gains, as investors bought precious metals in a bid to protect their portfolios from sharp volatility in the equity market.

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Source: https://www.adss.com/en/market-updates/research/gold-settles-lower-but-still-notches-weekly-gain/?utm_source=google_my_business&utm_medium=post&utm_campaign=google_my_business&utm_content=post
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