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Gold settles lower on Thursday; inches up in week

Gold settles lower on Thursday; inches up in week

Mubasher: Gold went down at Thursday’s settlement, keeping slight weekly gains.

Comex February gold retreated by $4.6, or 0.4%, to close at $1,287.4 per ounce, increasing by 0.1% in a week.

By 07:11 GMT, the USD index (DXY) levelled up 0.4% to 95.53.