Gold Market News By Ripples Advisory

Gold slipped early Friday and was headed for its fifth straight weekly decline, as the dollar and Asian stocks steadied and the market awaited the US non-farm payrolls data due later in the day.

 

Spot gold dipped 0.2 percent at USD 1,207.80 per ounce by 0052 GMT. Gold is on track to register its fifth straight weekly decline, and was currently down about 0.3 % for this week.

 

US gold was down 0.2 % at USD 1,210.40

 

SPDR Gold Trust , the world's largest gold-backed exchange-traded fund, rose 0.51 % to 875.20 tonnes on Thursday from 870.74 tonnes on Wednesday, the highest since October 2013.


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SPDR Gold Trust , the world's largest gold-backed exchange-traded fund, rose 0.51 percent to 875.20 tonnes on Thursday from 870.74 tonnes on Wednesday, the highest since October 2013.

Read more at: http://www.moneycontrol.com/news/commodities/gold-dipstrack-for-fifth-straight-weekly-decline_6804561.html?utm_source=ref_article
SPDR Gold Trust , the world's largest gold-backed exchange-traded fund, rose 0.51 percent to 875.20 tonnes on Thursday from 870.74 tonnes on Wednesday, the highest since October 2013.

Read more at: http://www.moneycontrol.com/news/commodities/gold-dipstrack-for-fifth-straight-weekly-decline_6804561.html?utm_source=ref_article

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