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12-Feb2019

Gold futures finish lower as dollar firms

Gold futures finished lower on Monday, as dollar firmed amid uncertainty over solving US-China trade dispute and slowing global growth. The US currency was at its highest in nearly eight weeks, denting demand for the bullion amongst holders of other currencies.

Gold futures for February delivery settled down 0.5 percent at $1,311.90 on the Comex division of the New York Mercantile. Spot gold was 0.4 percent lower at $1,308.18 per ounce.


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