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03-Jan2019

Gold futures end higher amid highly volatile stock markets

Gold futures ended higher on Wednesday, registering highest settlement since middle of June, due to increased safe heaven bullion investments, amid highly volatile US stock markets and negative trend in Asian equities. However, a strong dollar capped the upside momentum.

Gold futures for February delivery settled up 0.2 percent at $1,284.10 on the Comex division of the New York Mercantile. Spot gold was down 0.1 percent at $1,280.81 per ounce.


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