Gold settles higher after weak inflation data

Gold prices moved higher Friday, as a weak reading on U.S. inflation helped the dollar regain some strength.

After a $30 surge on Thursday to its best finish since Sept. 5, gold GCG5, +1.23%  for February delivery rose $12.10 to close at $1,276.90 an ounce. March silver SIH5, +3.96%  rose 65 cents to settle at $17.75 an ounce in New York trading..
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