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Gold futures edge higher on Monday

Gold futures edged higher on Monday as tensions on the Korean peninsula boosted safe-haven demand for the yellow metal, while the dollar hovered around multi-month lows on weak US economic data.

Gold futures for August delivery rose 0.1 percent to $1,269.8 per ounce on the Comex division of the New York Mercantile Exchange. While, spot gold was at $1,269.70 per ounce.

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