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25-Mar2019

Gold futures trade higher on Monday

Gold futures traded higher on Monday, owing to increased safer asset investments amid receding concerns on global growth slowdown and worries on a potential US recession. Moreover, dimmer global market increased more investments to yellow metal.

Gold futures for April delivery were up 0.2 percent at $1,314.40 an ounce on the Comex division of the New York Mercantile. Spot gold was up 0.1 percent at $1,314.21 per ounce.



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