US gold up, palladium jumps 3 pct, as dollar falls


NEW YORK, Dec 29 (Reuters) - U.S. gold futures ended higher for a fifth straight session Friday on a weak dollar, finishing the year with a 23-percent gain, while palladium jumped more than 3 percent to hit a five-week high on buying by dealers and commission houses. Benchmark gold for February delivery on the COMEX metals trading division of the New York Mercantile Exchange settled up $1.1 at $638.0 an ounce, near its three-week high. It traded in a tight range between $634.50 and ...

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