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Sept. 24, 2020, 1:40 p.m. EDT

Gold futures score first gain in 4 sessions

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By Myra P. Saefong

Gold futures climbed Thursday to post their first gain in four sessions. Analysts attributed the rise to a bounce back in the wake of oversold conditions as the U.S. dollar weakened a bit for the session. Gold prices, however, remained sharply lower week to date as overall strength in the dollar, with the ICE U.S. Dollar Index /zigman2/quotes/210598269/delayed DXY -0.08% up 1.5% for the week, dulling the appeal for the dollar-denominated precious metal. December gold /zigman2/quotes/210039572/delayed GCZ20 -0.06% tacked on $8.50, or nearly 0.5%, to settle at $1,876.90 an ounce.

Read the full story:
Gold prices post a gain for the first time in 4 session

US : U.S.: ICE Futures U.S.
-0.07 -0.08%
Volume: 0.00
Oct. 30, 2020 6:03p
US : U.S.: Nymex
$ 1,878.80
-1.10 -0.06%
Volume: 207,865
Oct. 30, 2020 4:59p

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