Gold steadied on Friday with gains capped by a stronger dollar, but the metal was still set for a sixth straight weekly rise ahead of the U.S. Federal Reserves rate decision next week.
Spot gold edged up 0.1% to $1,931.61 per ounce by 2:27 p.m. ET (1927 GMT), U.S. gold futures remained unchanged at $1,930.20, with gold looking to rise 0.2% for the week.
Oil prices settled lower on Friday, making their weekly finish flat to lower, as indications of strong Russian oil supply offset better-than-expected U.S. economic growth data, strong middle distillate refining margins and hopes of a rapid recovery in Chinese demand.
Brent futures settled down 81 cents, or 0.9%, at $86.66 per barrel, up just 3 cents from last weeks settlement. U.S. crude fell $1.33, or 1.6 %, to settle at $79.68, 2% lower on the week.
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