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DirectThe price of gold fell slightly during the settlement of Friday, but it is the best weekly gain above 50 dollars, exceeding 50 dollars, along with trade tensions.
Economic data now shows that producer prices in the United States rose for the sixth month in a row.
For his part, US President Donald Trump said that the US was not ready to conclude a trade deal with China, noting that it would sever relations with Huawei.
The US president also asked the Federal Reserve to cut interest rates by 100 basis points, noting that a strong dollar was affecting US manufacturers.
This week, gold prices recorded a sharp rise of 3.5%, or $ 51, with global trade tensions and the stock market plunge, achieving the best weekly performance since June 21st.
US President Donald Trump decided last week to introduce 10% new tariffs on China, which would result in the withdrawal of demand for risky badets in favor of safe badets.
At the time of settlement, the price of gold futures for delivery in December had fallen to less than 0.1%, to establish at $ 1508.50 an ounce.
At 17:44 GMT, the spot price of the yellow metal fell 0.2% to 1498.55 dollars per ounce.
During this period, the dollar index, which tracks the performance of the currency against the six major currencies, fell 0.1% to 97,488.
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