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06-Sep2018

Gold futures ended higher on Wednesday

Gold futures ended higher on Wednesday, rebounded from 11 day low rate, with the dimmed dollar index on a report that Germany would be ready to accept a less detailed agreement on the UK's future economic and trade ties with the EU in a bid to get a Brexit deal done. Besides, worries about trade negotiations also added the upside.

Gold futures for December delivery settled higher by $2.20 or 0.2 percent at $1,201.30 per ounce, on the Comex division of the New York Mercantile. While, spot gold gained 0.5 percent to $1,196.40 ounce.


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