This week, gold has been undercut by a dollar that’s finding support in expectations the Federal Reserve will take a more hawkish tone on interest rates.
Gold futures for December delivery GCZ4, -0.81% shed $7.50, or 0.6% to settle at $1,231.50 an ounce. December silver SIZ4, +0.11% edged up a penny to $18.55 an ounce but still dropped 2.8% for the week.
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