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May 20, 2022, 1:50 p.m. EDT

Gold ends flat Friday, but books first weekly gain in a month

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By Joy Wiltermuth

Gold prices closed flat on Friday, but booked a weekly gain, putting an end to the yellow metal's longest streak of weekly losses in four years. Gold for June delivery /zigman2/quotes/210034565/delayed GC00 -0.10% finished the session virtually unchanged, up just 90 cents, to settle at $1,842.10 an ounce on Comex, as continued volatility in equity markets led the S&P 500 index /zigman2/quotes/210599714/realtime SPX -0.07% to trade below the threshold needed for it to enter a bear market. For the week, the most-active gold contract gained 1.8%, snapping a four-week skid that was its longest stretch of weekly losses since August 17, 2018, when it fell for six weeks in a row, according to Dow Jones Market Data.

/zigman2/quotes/210034565/delayed
US : U.S.: Nymex
$ 1,815.60
-1.90 -0.10%
Volume: 28,991
June 30, 2022 4:18a
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/zigman2/quotes/210599714/realtime
US : S&P US
3,818.83
-2.72 -0.07%
Volume: 2.11B
June 29, 2022 5:16p
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