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Gold futures tally a third weekly rise

Saturday, 11 January 2020 02:37 WIB EMAS

Gold futures ended higher Friday, finding support from weaker-than-expected monthly U.S. jobs data to score a third weekly climb, even as easing tensions in Middle East worked to dull haven demand for the precious metal. February gold on Comex tacked on $5.80, or 0.4%, to settle at $1,560.10 an ounce. Prices had climbed to as high as $1,613.30 on an intraday basis Wednesday, the highest since 2013. For the week, the most-active gold futures contract gained about 0.5%, which marked their third weekly rise in a row, but perhaps more telling is gold’s nearly 4.4% peak-to-trough move over the week. Among other metals, March silver SIH20, +0.86% added 16.9 cents, or 0.9%, to settle at...

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