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21-Nov2018

Gold futures end tad lower on Tuesday

Gold futures ended marginally lower on Tuesday, retreating from four-day winning streak, owing to a firmer US currency amid better than expected US housing data. Meanwhile, investors were cautious as they eye for a solution on still lingering trade dispute, ahead to the Group of 20 leaders' summit later this month, where both country leaders agreed to discuss on the same.

Gold futures for December delivery settled down $4.10, or 0.3 percent, at $1,221.20 per ounce, on the Comex division of the New York Mercantile. While, spot gold was down 0.3 percent at $1,220.01 per ounce.


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