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Gold weakens as haven buying lifts U.S. dollar


Friday, 14 December 2018 20:35 WIB

GOLDEMAS


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A round of weaker-than-expected Chinese economic data was spooking global investors Friday, but failed to provide a lift for gold thanks to a stronger U.S. dollar.

Gold for February delivery on Comex was off $5, or 0.4%, to $1,242.40 an ounce, while March silver fell 17.5 cents, or 1.2%, to $14.68 an ounce.

In other metals trade, March palladium was off $17.90, or 1.5%, to $1,172.80 an announce, while January platinum fell $3.20, or 0.4%, to $794.30 an ounce.

March copper fell 3.3 cents, or 1.2%, to $2.734 a pound.

Marketwatch


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