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19-Dec2018

Gold futures end slightly higher ahead to Fed policy update

Gold futures ended higher on Tuesday, with notching their highest finish in five months, buoyed by the subdued dollar index as investors eyed over the pace of interest rate hikes next year ahead to the release of Federal Reserve policy.

Gold futures for February delivery settled up little changed at $1,253.60 per ounce-the highest finish since July 10, on the Comex division of the New York Mercantile. Spot gold rose 0.25 percent to $1,248.93 per ounce.


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