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Gold Gains, Still Poised for Small Weekly Loss
Gold futures are rising to finish the trading week, but they are still on track for their first weekly loss since the middle of January. The yellow metal has been posting modest gains on dovish central banks, but the rally has mostly been capped by a strengthening US dollar this week. April gold futures rose $3.80, or 0.29%, to $1,318.00 per ounce at 14:31 GMT on Friday. Gold prices are poised for a tepid weekly decline of 0.3%, though they are still up more than 2% year-to-date. Silver, the sister commodity to gold, is mirroring gold’s performance to close the trading week. March silver futures tacked on $0.055, ... (full story)