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17-Apr2019

Gold futures end in red on climb in stocks

Gold futures ended lower on Tuesday as the increased risk appetite in the market boosted stock indices and rise in dollar pressurized the bullion. Meanwhile, better than expected economic data from China and US also weighed on the yellow metal prices.

Gold futures for April delivery settled 1.1% lower at $1,277.20 an ounce on the Comex division of the New York Mercantile. Spot gold was down 1.1% to $1,273.91 per ounce.


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