Gold prices edged up Friday yet still suffered a 2.2% drop for the week, staying under the closely-watched level of $1,200.Gold for February delivery GCG5, -0.03% inched higher by $1.20, or 0.1%, to settle at $1,196.00 an ounce. March silver SIH5, +0.82% gained 10 cents, or 0.6%, to end at $16.03 an ounce.
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