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Gold set for biggest weekly gain since mid-April

Published Fri, May 19, 2017 · 09:50 PM
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Bengaluru

GOLD prices edged up on Friday and were on track for their biggest weekly gain since mid-April as the US dollar eased and Asian stocks weakened amid ongoing political turbulence in the United States.

The metal slipped 1.1 per cent on Thursday on profit-taking, its biggest one-day percentage drop since May 3 and snapping a five-day rally.

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