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Gold futures end with a modest gain, little changed from a week ago

Gold futures settled modestly higher on Friday, little changed from a week ago. Gold prices moved up after China property giant Evergrande’s 3333, -11.61% woes extended beyond China, with U.S. Evergrande investors reportedly not yet having received interest payments, said Edward Moya, senior market analyst at Oanda. “It looks like China won’t save Evergrande but will try to contain any systemic risks, which should lead to some safe-haven flows for bullion.” December gold GCZ21, +0.05% rose $1.90, or 0.1%, to settle at $1,751.70 an ounce, up 30 cents from the week-ago settlement for the most-active contract, FactSet data show.

The post Gold futures end with a Modest Gain, little changed from a week ago appeared first on BusinessNewsPrime.



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Gold futures end with a modest gain, little changed from a week ago

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