Gold edged higher on Friday as the dollar weakened following a report that US President Donald Trump's 2016 election campaign was subpoenaed for documents containing specified Russian keywords from more than a dozen officials. Investigators looking into possible Russian interference in last year's US presidential election issued the subpoena last month, the Wall Street Journal reported.
Spot gold was up 0.2 percent at $1,281.51 per ounce, as of 0811 GMT. It is up about 0.5 percent for the week, poised to post a second straight weekly gain. US gold futures for December delivery rose 0.3 percent to $1,281.80. Spot gold is biased to rise above a neutral range of $1,270-$1,286 per ounce, and gain further towards $1,298, according to Reuters technicals analyst Wang Tao.
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