Gold edged higher on Friday as buyers slowly returned to the market, lured by Wednesday's plunge of 5 percent, although bullion is still heading for its worst weekly performance since December. Spot gold inched up 0.2 percent to $1,720.39 an ounce by 0518 GMT, but was still on course for a weekly decline of 3.4 percent, its biggest one-week fall since mid-December. US gold was little changed at $1,721.90.
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