Gold prices settled lower with expectations of %5.5 raise in a week

Gold price technical analysis 30 - May, 2013

Gold futures settled lower on Friday, extending losses for the second day after recording high levels earlier this week – San Francisco (AFP). The decline in metal for December delivery -0.12% $GC1U 8,90, or 0.5% to $1,742.60 an ounce on the COMEX division of New York Mercantile Exchange. Gold remained ahead in the week, however, mobilize gains of 5.5% for the five-day period.

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