Gold on track for third weekly gain on global recession fears
Silver is set for second week of gains, platinum fell 0.4%, and palladium is steady
16 August 2019 - 16:24
Bengaluru — Gold fell 1% on Friday, weighed down by gains in the equity markets and the dollar, but fears of a global recession and lack of clarity on the US-China trade war kept bullion on track for a third straight weekly gain.
Spot gold was down 0.6% at $1,513.66 an ounce as of 12.31pm GMT, but is up 1% so far this week. US gold futures fell 0.4% to $1,524.30...
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