Gold dips as dollar gains ground
Gold remains on track for a weekly gain while dollar heads for best week since May
11 September 2020 - 08:21
Gold prices fell on Friday as the US dollar rebounded, but was on track for a weekly gain underpinned by worries over a global economic recovery from the coronavirus-led slump.
Spot gold was down 0.8% at $1,938.53/oz at 3.08am GMT, after hitting its best level since September 2 at $1,965.94/oz on Thursday. Gold has gained 0.4% this week. US gold futures fell 0.8% to $1,948/oz...
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