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Gold scores gains; US dollar falls

Gold scores gains; US dollar falls
Photo Credit: Arabianeye - Reuters

Mubasher: Gold prices saw a rise in Friday's trades amid US dollar's decline against a basket of currencies.

By 11:10 GMT, spot gold price rose 0.5% to $1337.4 per ounce, according to London Stock Exchange.

Further, gold futures moved up by 0.2% to $1335.6 per ounce.

US dollar fell by 0.1% to 95.4 points against a basket of currencies.