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Gold climbs, but ends below the session’s high after Powell’s ‘time to taper’ remarks

·4 min read
Gold climbs, but ends below the session’s high after Powell’s ‘time to taper’ remarks
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Gold futures climb Friday, but with bullion ending below the day's best levels after remarks from Federal Reserve Chairman Jerome Powell raised the likelihood that the central bank will start to slow, or taper, its monthly asset purchases.