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Gold price set for first weekly decline in three
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Gold prices steadied in a tight range around the $1,900 level on Friday, but fading chances of a stimulus agreement before the US presidential election kept bullion on track for its first weekly decline in three.

Spot gold dipped 0.6% to $1,896.61 per ounce by 12:20 p.m. EDT, down more than 1% for the week. US gold futures shrank 0.2% to $1,905 per ounce, still trading above the $1,900 threshold.

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Stock image.

Gold prices steadied in a tight range around the $1,900 level on Friday, but fading chances of a stimulus agreement before the US presidential election kept bullion on track for its first weekly decline in three.

Spot gold dipped 0.6% to $1,896.61 per ounce by 12:20 p.m. EDT, down more than 1% for the week. US gold futures shrank 0.2% to $1,905 per ounce, still trading above the $1,900 threshold.

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