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Gold poised for sixth week of gains on safe-haven demand

Gold prices rose on Friday and were on track for a sixth consecutive week of gains as escalating trade tensions between the U.S. and China prompted investors to seek refuge in the safe-haven asset.

Spot gold gained 0.2% to $2,861.46 per ounce as of 01:41 p.m. ET (1841 GMT), up more than 2% this…

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