Gold edges higher, attempts to recover from sharpest weekly skid in over a year

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Gold futures on Monday head modestly higher, with the precious metal attempting to claw back from its steepest weekly decline since March 2020.

Gold futures on Monday were headed modestly higher, with the precious metal attempting to claw back from its steepest weekly decline since March 2020.

August gold GCQ21, +0.32% GC00, +0.32% was up $6.70, or 0.4%, at $1,775.70 an ounce, after the metal saw a weekly loss of 5.9%, marking its largest since the week ended March 13, 2020, according to FactSet data,

 

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