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17-Jan2019

Gold futures finish near 2-week high

Gold futures finished near 2-week high on Wednesday, despite a firmer dollar and global equities, buoyed by the turmoil surrounding the UK 's plan to leave the European Union. Moreover, the yellow metal gained on expectation of lower interest rates hikes by Federal Reserve.

Gold futures for February delivery settled 0.4 percent higher to $1,293.80 on the Comex division of the New York Mercantile. Spot gold was rose 0.3 percent to $1,292.51 per ounce.


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