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22-May2018

Gold futures end slightly lower on Monday

Gold futures ended slightly lower on Monday as world's two largest economies stepped back from the brink of a global trade war and agreed to hold further talks aimed at boosting US exports to China. Meanwhile, strong dollar also weighed on the bullion investments.

Gold futures for June delivery settled down 40 cents, or 0.03 percent, at $1,290.90 per ounce, on the Comex division of the New York Mercantile. While, spot gold was down by 0.03 percent at $1,291.10 per ounce.



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