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26-Oct2016

Gold futures end higher on Tuesday

Gold futures ended higher on Tuesday due to some weakness in the US dollar that boosted the metal's appeal.  Besides, physical demand rose before India's late-October festival season, also fuelled the uptrend.

Gold futures for December delivery gained $9.90 or 0.8 percent to settle at $1,273.60 an ounce on the Comex division of the New York Mercantile Exchange. While, spot gold was up 0.9 percent to $1,275.11 an ounce.


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