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Gold futures end modestly higher on Thursday

Gold futures ended modestly higher on Thursday as dollar eased against a bucket of major currencies after President Donald Trump cancelled a planned summit with North Korean, triggering geopolitical tensions.

Gold futures for June delivery settled up $14.80, or 1.2 percent, at $1,304.40 per ounce, on the Comex division of the New York Mercantile. While, spot gold gained 0.9 percent at $1,305.18 per ounce.

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