, as investors brace for tighter monetary policy in the coming months and worry about central bank effectiveness in combating inflation surging above trend.
At last check, February gold GCG22, -0.01% GC00, -0.01% was trading 10 cents, or less than 0.1%, higher at $1,821.50 an ounce, following a 0.3% decline on Thursday. For the week, gold is looking at a 1.4% weekly gain, which would mark its sharpest weekly advance since the period ended Nov. 12.
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