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Gold Prices Confused on G20 Uncertainty

(Gold story updated with latest prices) NEW YORK (TheStreet) — Gold prices were exhibiting conflicted action Friday afternoon as investors braced for more clarity on the direction of the U.S. dollar, closely monitoring news out of the G20 finance ministers and central bank governors meeting in Korea this weekend.

Gold for December delivery was down 30 cents to $1,325.30 an ounce at the Comex division of the New York Mercantile Exchange. The gold price Friday has traded as high $1,328.80 and as low as $1,315.60. Gold prices were in limbo, trading tightly between negative and positive territory throughout Friday.

The U.S. dollar index was 0.1% higher at $77.53 while the euro was flat at $1.39 against the dollar. The spot gold price was up 50 cents, according to Kitco’s gold index….

Gold Prices Confused on G20 Uncertainty

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