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Urgent: Gold up on weak U.S. Dollar, equities

Xinhua, August 22, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange rose on Friday on a weaker U.S. dollar and lower equities.

The most active gold contract for December delivery rose 6.4 U.S. dollars, or 0.55 percent, to settle at 1,159.60 dollars per ounce.

For the week,gold futures climber 4.21 percent, their largest weekly gain since the week ended Jan. 16 this year. Endit