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Gold $2,385.14 $(0.41) -0.02% Silver $28.27 $(0.58) -2.01% Platinum $971.16 $(0.81) -0.08% Palladium $1,028.78 $(2.61) -0.25%

Gold heads for weekly loss on strong US economic data

Gold heads for weekly loss on strong US economic data

July 28 (Reuters) - Gold regained some ground on Friday as the dollar retreated, but still headed for its worst week in five after data pointing to a resilient U.S. economy soured bets for a dovish tilt in U.S. monetary policy.

Spot gold rose 0.6% to $1,956.69 per ounce by 1133 GMT, up from its lowest since July 12. U.S. gold futures gained 0.5% to $1,955.70...[LINK]

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