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04-Dec2017

Gold futures trade lower on Monday

Gold futures traded lower early on Monday, as the dollar strengthened against a basket of currencies after Republicans in the U.S. Senate passed a bill to overhaul the country's tax system, moving the process forward.

Gold futures for December delivery were down 0.3 percent at $1,278.10.an ounce on the Comex division of the New York Mercantile. While, spot gold was down 0.4 percent at $1,275 an ounce.


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