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11-Feb2019

Gold futures trade lower on Monday

Gold futures traded lower on Monday, with the stronger US currency, making it costlier to other currency holders. However, concerns over slowing global growth and still lingering Sino-US trade row capped the downside.

Gold futures for February delivery fell 0.2 percent to $1,316.50 on the Comex division of the New York Mercantile. Spot gold was marginally lower at $1,312.76 per ounce.


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