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01-Jan2019

Gold futures end marginally lower on Monday

Gold futures ended marginally lower on Monday, with dollar headwinds still on the radar amid still lingering US-Sino trade row and anticipations of more interest rate hikes by Federal Reserve. The bullion had registered a new six-month high level before it ended lower.

Gold futures for February delivery settled down 0.1 percent at $1,281.30 on the Comex division of the New York Mercantile. Spot gold marginally up 0.1 percent at $1,281.25 per ounce.


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