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17-Nov2017

Gold futures end higher on Thursday

Gold futures ended higher on Thursday as US economic data fed uncertainty over the Federal Reserve's path for interest-rate hikes and a rebound in US equities kept prices in a tight trading range. Though, a stronger US dollar against some major basket of currencies capped some gains in gold futures.

Gold futures for December delivery added $50 or 0.04 percent to settle at $1,278.20 an ounce on the Comex division of the New York Mercantile. While, spot gold was down 0.1 percent at $1,277.80 an ounce.


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