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24-May2018

Gold futures end lower on Wednesday

Gold futures ended lower on Wednesday as US manufacturing data helped lift the dollar and investors weighed concerns over the fate of nuclear negotiations with North Korea. Though, some losses were capped after the release of minutes from the Federal Reserve's May meeting.

Gold futures for June delivery settled down by $2.40, or 0.2 percent, at $1,289.60 per ounce, on the Comex division of the New York Mercantile. While, spot gold was up by 0.3 percent at $1,294.19 per ounce.



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