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Gold eyes worst month in 3 years amid trade deal hopes

Gold eyes worst month in 3 years amid trade deal hopes

Friday, November 29, 2019, 10:04 AM

Gold slipped on Friday and was set for its worst month in three years as hopes for a U.S.-China trade deal supported demand for riskier assets and the dollar, weighing on the safe-haven metal. Spot gold fell 0.1% to $1,456.30 per ounce by 0116 GMT. Prices are down almost 4% this month, on track for their biggest monthly decline since November 2016.
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