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22-Jan2019

Gold futures finish at one month low on Monday

Gold futures finished at one month low on Monday, with the increased risk appetite among investors improved stock markets and dulled bullion investments. Besides, a stronger dollar amid the anticipated pause in US interest rates also put pressure on yellow metal.

Gold futures for February delivery settled down $9.70 at $1,282.60 on the Comex division of the New York Mercantile. While, spot gold was 0.1 percent down at $1,279.99 per ounce.


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