Gold climbed to a two-week
high on Friday as weak U.S. economic data eased fears the
Federal Reserve could soon scale back its bullion-friendly
bond-buying programme.
A rise in gold-backed exchange-traded fund holdings for the
first time in three weeks also underpinned the precious metal,
typically seen as a hedge against inflation. But physical demand
softened with gold set to log its second straight week of gains.
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