Metals Stocks: Gold inches higher to add to slim weekly advance

Gold prices remained just in the red Friday, maintaining a slim advance for the week, after logging their largest one-day loss of the year in the previous session.

Gold was clobbered Thursday as the dollar gained on the combination of inaction on interest rates from the European Central Bank and relatively hawkish comments from Federal Reserve chief Janet Yellen this week.

There was little to change that sentiment Friday, especially as uncertainty surrounding the early presidency of Donald Trump hovered over financial markets. Trump recently suggested he favored a weaker dollar and his Treasury secretary pick worked hard Thursday to amend that stance.

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