Gold futures settled with a slight loss on Friday, but still scored a gain for the week as traders assessed U.S. economic data for hints on the demand outlook for the metal and weighed the likelihood that India may soon ease restrictions on gold imports.
Gold for June delivery GCM4 -0.06% fell 20 cents to settle at $1,293.40 an ounce on the Comex division of the New York Mercantile Exchange, staying below the closely watched level of $1,300. For the week, it gained roughly 0.5%.
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