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10-Jan2019

Gold futures settle higher as dollar softens

Gold futures settled higher on Wednesday as dollar slid to its lowest level since October after the Federal Reserve expressed caution about future rate hikes and on optimism around the U.S.-China trade talks.

Gold futures for February delivery settled 0.5 percent higher at $1,292.00 on the Comex division of the New York Mercantile. Spot gold gained 0.5 percent to $1,291.51 per ounce.


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