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Gold down 0.9% for the week

Gold down 0.9% for the week

Mubasher: Gold prices fell on Friday, due to a strong performance by the US dollar driven by strong economic data.

Gold futures for February delivery dropped 0.5% or $6 and settled at the level of $1,241.40 per ounce, its lowest since 3 December

The precious metal is down 0.9% for the week.