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18-Jan2019

Gold futures end lower on Thursday

Gold futures retreated from 2-week high on Thursday, with firmer dollar and on reports of better than expected US job weekly data. Moreover, increased risk appetite among investors with positive trend in major global stock markets weighed on the bullion investments.

Gold futures for February delivery settled 0.1 percent lower at $1,292.30 on the Comex division of the New York Mercantile. Spot gold edged down 0.1 percent to $1,292.13 per ounce.


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