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01-Sep2018

Gold futures end slightly higher on Friday

Gold futures ended slightly higher on Friday, despite a stronger dollar amid worries on escalation in the US-China trade dispute after fresh threats by President Donald Trump. However, the prospect of higher U.S. interest rates next month and again before the end of the year limited the gains.

Gold futures for December delivery settled up $1.70, or 0.1 percent, at $1,206.70 per ounce, on the Comex division of the New York Mercantile. While, spot gold gained 0.1 percent at $1,200.70 ounce.


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