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Gold holds firm on trade, growth worries


BENGALURU: Gold held steady yesterday on worries that a prolonged Sino-US trade war could worsen global economic slowdown, but a strong US dollar put bullion on track for its first weekly loss in three.

Spot gold was steady at US$1,309 per ounce, as of 0700 GMT, after the metal hit its lowest since Jan 29 at US$1,302.11 on Thursday.

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