Gold futures eke out a loss for the week

August 12, 2016

San Francisco (Aug 12)  Gold futures settled with a loss on Friday, after spending much of the session trading higher following disappointing economic data from the US and China. Prices lost about 0.09% for the week, which marks the fourth weekly loss in five. Gold for December delivery GCZ6, -0.70% lost $6.80, or 0.5%, to settle at $1,343.20 an ounce.

Spot gold was $1,335, while spot silver was $19.69.

Source: KitcoNews

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