Gold for August delivery GCQ4 -0.42% fell $7.50, or 0.6%, to settle at $1,309.40 an ounce, following a 1.3% gain on Thursday after a Malaysia Airlines plane brought down in eastern Ukraine sent investors scrambling for safety. The precious metal closed out the week 2.1% weaker.
September silver SIU4 -0.99% also ceded ground after gaining 1.7% on Thursday. Silver fell 25 cents, or 1.2%, to $20.89 an ounce.
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