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11-Sep2018

Gold futures settle tad higher on Monday

Gold futures settled marginally higher on Monday, as dollar eased against sterling and euro amidst hopes of a swift Brexit deal. Weakness in dollar made bullion cheaper for buyers in Britain and the euro zone, lifting the yellow metal investments.

Gold futures for December delivery rose 0.2 percent to $1,202.70 per ounce, on the Comex division of the New York Mercantile. While, spot gold up 0.1 percent at $1,196.81 ounce. 


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