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05-Jan2019

Gold futures end lower on Friday

Gold futures ended lower on Friday as a stronger-than-expected US jobs data eased some concerns about an ailing economy. Besides, hopes of upcoming trade talks between United States and China also pressuring bullion.

Gold futures for February delivery settled down 0.7 percent at $1,285.80 on the Comex division of the New York Mercantile. Spot gold dropped 0.8 percent to $1,283.86 per ounce.


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