Symbol: GOLD| Contract: Feb, 2017| Category: Bullion
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Gold's Latest News
Foreign currency assets (FCAs), a major component of the overall reserves, increased by $612.4 million to $336.582 billion in the reporting week.
Dealers in India, the world's second-largest consumer of the metal, were charging a premium of up to $1 an ounce this week over official domestic prices.
Spot gold eased 0.2 percent to $1,178.41 per ounce by 0255 GMT. The metal on Thursday hit its highest since Dec. 5 at $1,184.90.
Sentiment took a turn for the better after gold advanced to its highest level in four weeks in global markets as the US dollar retreated from a 14-year peak hit earlier this week, according to traders.
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