Inflation concerns weigh on gold as yellow metal ends with second weekly declines

Inflation concerns weigh on gold as yellow metal ends with second weekly declines

Inflation concerns weigh on gold as yellow metal ends with second weekly declines

Spot gold closed $2 down at $2301 in a highly volatile market Friday. US nonfarm payroll and ISM services data fell short of forecast; however, inflationary pressure continues to build up.

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