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05-Mar2019

Gold futures extend losing streak to sixth session in a row

Gold futures extended losing streak to sixth straight session on Monday, with the stronger dollar and positive stock indices. Moreover, the yellow metal 's investment appeal dulled as investors anticipated that deal on US-China trade is getting near.

Gold futures for April delivery were settling down 0.9 percent at $1,287.50 on the Comex division of the New York Mercantile. Spot gold was down 0.5 percent at $1,286.94 an ounce per ounce.


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