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DirectGold prices fell on Friday and lost more than $ 7, but are expected to post gains for the third consecutive week, amid fears of a slowdown in global economic growth.
At 6:35 am GMT, the gold futures for December delivery fell 0.3%, or $ 3.80 an ounce, to $ 1,527.40 an ounce .
The spot price of the yellow metal fell 0.3%, or $ 7.80, to $ 1515.49 an ounce.
During this period, the dollar index, which measures the performance of the currency against six major currencies, remained stable at 98,168.
Gold prices rallied throughout the week due to fears of slowing global economic growth and negative economic data, followed by a reversal of the US bond yield curve and sharp losses in US yields. stock markets.
Gold prices, however, fell after yesterday's positive economic data showed that US productivity had risen by about 1.8% at the fastest pace in four years in the second quarter.
US retail sales increased 0.7% last month, while forecasts forecast an increase of 0.3%.
US President Donald Trump said Friday that he thought China wanted to implement a trade deal and that the current dispute was short-lived.
Data on building permits and construction in the United States is expected to be released later today.
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