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Gold $3,323.86 $5.81 0.18% Silver $37.00 $0.04 0.11% Platinum $1,356.76 $1.02 0.08% Palladium $1,132.25 $(8.49) -0.74%

Safe-haven demand sets gold for third weekly gain on Mideast tensions

Safe-haven demand sets gold for third weekly gain on Mideast tensions

Oct 27 (Reuters) -Gold prices were set to mark their third straight weekly rise on Friday as a risk averse mood due to the ongoing Middle East conflict pushed investors to the safety of bullion, while investors also awaited key U.S. consumption figures.

Spot gold was steady at $1,985.30 per ounce by 0950 GMT. U.S. gold futures fell 0.1% to $1,996.20...[LINK]

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