Tag: spot gold
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Gold hit a five week low with further losses expected
Gold has sunk for the sixth straight session, reaching a five week low with more losses expected in the coming days. U.S. gold futures settled at $1,203.20 on Friday. Gold futures were at the lowest level since February 1st at $1,202.90 with the February level being $1,199.70. Spot gold didn’t fair much better, as it was down by 0.32% at $1,203.58 per…