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Gold Settles at a 2-Week Low, Falls For The Month


Friday, 1 March 2019 02:16 WIB

GOLDEMAS


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Gold futures suffered a fourth straight decline on Thursday to log their lowest settlement in two weeks. "The U.S. GDP number was solid as a rock," said Naeem Aslam, chief market strategist at ThinkMarkets UK. "There are no signs of slowing down [for the economy] and gold prices eased off on the back of this."

April gold lost $5.10, or 0.4%, to settle at $1,316.10 an ounce. That was the lowest finish since Feb. 14, according to FactSet data. Based on the most-active contract, prices lost about 0.7% for the month.

Source : Marketwatch


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