Gold slips as Ukraine crisis eases

Gold futures fell Friday on signs of easing East-West tensions as Russia ended military exercises near the Ukraine border.

December gold dropped $1.50, or 0.1%, for the session to settle at $1,311 U.S. an ounce on the Comex division of the New York Mercantile Exchange.

For the week, the precious metal is up 1.3% to remain above $1,300 U.S.

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