Gold heads for third week by week gain on exchange, development concerns:
Gold costs edged lower on Friday yet were set out toward a third sequential week by week gain, as fears over a worldwide monetary log jam and an absence of lucidity on the U.S.- China exchange war supported the metal’s place of refuge request.
Spot gold XAU= was down 0.1% at $1,521 per ounce starting at 0400 GMT, however is up almost 1.6% so far this week in the wake of ascending in the past about fourteen days.
U.S. gold prospects GCcv1 were consistent at $1,5231 an ounce.
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