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Gold extends gains to one-week high as oil eases

Spot gold rose for a second straight session, reaching a one-week high as oil prices fell, with investors watching Middle East conflict developments.

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Gold rose for a second straight session on Friday, reaching a one-week high as oil prices eased, while investors remained focused on developments in the Middle East conflict. 69 per ounce by 0829 GMT and was on track for a weekly gain.