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Gold futures end lower, paring their weekly gain


Saturday, 2 February 2019 02:00 WIB

EMAS


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Gold futures ended lower on Friday, with a better-than-expected U.S. jobs report and upbeat domestic manufacturing data dulling investment demand in the haven metal.

Prices, however, still rose 1.9% for the week, finding support after the Federal Reserve hinted at a pause in interest-rate hikes and amid ongoing support from various geopolitical issues, including uncertainty surrounding the U.S.-China trade dispute.

April gold settled at $1,322.10 an ounce, down $3.10, or 0.2% for the session.

Source: Marketwatch


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