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Aug. 13, 2020, 1:59 p.m. EDT

Gold futures notch back-to-back gain on dollar weakness

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By Myra P. Saefong

Gold futures climbed Thursday to post back-to-back gains, finding some support as the dollar weakened and the Dow Jones Industrial Average declined. Prices, however, remained lower for the week, as the 10-year U.S. Treasury note yield touched its highest level since July 6. December gold rose $21.40, or 1.1%, to settle at $1,970.40 an ounce, after edging up by 0.1% Wednesday but suffering a drop of 4.6% Tuesday.

Read the full story:
Gold notches back-to-back gain after brief dip in the wake of a fall in weekly U.S. jobless claims

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