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17-May2017

Gold futures end higher on weaker dollar

Gold futures ended higher on Monday as the dollar slipped against a basket of major currencies as investors took refuge in the precious metal following reports that President Donald Trump shared classified information with top Russian officials at a meeting last week.

Gold futures for June delivery gained $6.40 or 0.5 percent, to settle at $1,236.40 an ounce on the Comex division of the New York Mercantile. While, spot gold was up 0.6 percent at $1,237.85 an ounce.


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