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Gold Down, Dollar Softens on Easing Growth Fears

Gold was down on Friday morning in Asia although growth fears seem to ease.

Gold futures inched down 0.01% to $1,739.60 by 11:07 PM ET (3:07 AM GMT). The dollar which normally moves inversely to gold, edged down on Friday morning.

Gold prices have lost about 3.7% this week. It is likely to be their fourth straight weekly fall and worst since mid-May.

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