COMMODITY
Gold futures finish lower on Friday
Jan-28-2023
Gold futures finished slightly lower on Friday, as the stronger than expected US economic data spurred fears about more aggressive interest rate hikes by Federal Reserve. However, the yellow metal for the most active contract managed to post sixth straight weekly gain, up by 0.1%.

Gold futures for February finished lower by 60 cents or 0.1% to settle at $1929.40 ounce on the Comex division of the New York Mercantile. Spot gold declined by 0.06% or $1.17 to $1,928.04 per ounce.

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