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18-May2018

Gold futures end slightly lower on Thursday

Gold futures ended slightly lower on Thursday, pressurized by firm a US dollar and rising US bond yields. The bond yields and dollar usually have an inverse relationship with the non-yielding bullion.

Gold futures for June delivery settled down $2.10, or 0.2 percent, at $1,289.40 per ounce, on the Comex division of the New York Mercantile. While, spot gold was flat at $1,290.51 per ounce. 


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