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Gold Edges Higher, But Faces Worst Week in Two Months

Gold prices edged higher on Friday, but was still on track to post its biggest weekly decline in about two months as solid Chinese data and a preliminary U.S.-China trade deal improved risk appetite. World shares hit record highs after data showed China's economy was stabilizing and the world's second-largest economy ended 2019 on a somewhat firmer note as the trade truce revived business confidence. Spot gold rose 0.3% to $1,556.56 per ounce, but was heading for a weekly drop of about 0.4%...

Gold futures end higher for the session, barely changed for the week

Gold futures settled higher on Friday, but barely budged for the week. "Gold has struggled to shine this week as positive economic data from the United States and China cooled concerns over the global economy," said Lukman Otunuga, senior research analyst at FXTM. "Appetite towards the metal was also bruised by the 'phase one' [U.S.-China] deal, which offered some light at the end of the long trade war tunnel. With stock markets hitting record highs and the dollar stabilizing, gold is...

Gold Prices Rose Amid Skepticism About U.S.-China Deal

Gold prices rose on Friday in Asia amid skepticism about the U.S.-China trade deal.The two countries signed the phase one trade deal on Wednesday, however, there are still doubts whether the U.S. and China can consistently develop the relations. Gold Futures for February delivery on New York™s COMEX was up 0.19% to $1,553.45by 09:41PM ET (02:41 GMT).¯ The phase one deal has been criticized for its loopholes. The deal says Beijing will increase purchases of the U.S. products and services...

Tokyo Shares Open Higher on Wall Street Gains, Higher Dollar

Tokyo shares opened higher on Friday after US markets finished at new record highs thanks to bright c