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Gold was hovering near a one-month peak on Friday and looked set to end higher for a second straight week on hopes that weak US data would deter the Federal Reserve from starting to scale back its economic stimulus measures this year. Spot gold had eased 0.3 percent to $1,342.21 an ounce by 0630 GMT but was still not too far from the $1,351.61 hit on Thursday, the highest since September 20. The metal has gained about 2 percent this week.

Copyright Reuters, 2013

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