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28-Nov2017

Gold futures end higher on Monday

Gold futures ended higher on Monday, toughing a six week high as the dollar weakened. The bullion edged up as investors looked ahead to congressional testimony by the nominee to chair the U.S. Federal Reserve and a meeting between US President Donald Trump and Senate Republicans on tax reform.

Gold futures for December delivery edged up $7.10, or 0.6 percent, at $1,294.40 an ounce on the Comex division of the New York Mercantile. While, spot gold was up 0.5 percent at $1,294.44 an ounce.


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