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The spot gold price fell 0.7% to close at $ 1488.45 an ounce, ending the week with a loss of more than 1%.
Futures on US gold fell 0.5% to settle at $ 1,499.50 an ounce.
Investors are waiting for the Federal Reserve meeting next week, which is expected to reduce the benchmark interest rate by at least 25 basis points for the second time in a row.
Among the other precious metals, silver fell 3.7% to 17.43 dollars an ounce, while platinum fell 0.3% to 948.15 dollars an ounce .
Palladium dropped 0.7% to $ 1,606.50 an ounce after peaking at an all-time high of $ 1,621.55 during Thursday's session, when potential issues related to South African mines fueled the supply concerns.
But the metal used for self-stimulation in the auto sector ended the week up more than 4% in the sixth consecutive week of growth.
SOURCE:
Reuters
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