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2016.07.1514:05:00UTC+00Gold Snaps 6-week Win Streak, Silver Holds $20

Gold futures fell Friday, extending weekly losses on reduced safe haven demand.

Decent economic data and rising stocks have soothed fears of Brexit-related turmoil.

Gold for August delivery declined $4.80, or 0.4 percent, to settle at $1,327.40 an ounce, for a weekly decline of 2.3 percent. That snapped a six-week win streak for gold.

Silver for September delivery lost 15.7 cents, or 0.8 percent, to settle at $20.165 an ounce.

Still, silver settled up 0.3 percent for the week, its seventh week of gains.

The Labor Department released a report on Friday showing that U.S. consumer prices rose by slightly less than expected in the month of June.

The consumer price index rose by 0.2 percent in June after rising by a matching 0.2 percent in May. Economists had expected prices to rise by 0.3 percent.

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