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07-May2018

Gold futures trade tad higher on Monday

Gold futures traded marginally higher on Monday, buoyed by a weaker dollar after disappointing US employment data for April. Moreover, concerns about trade frictions between the US and China also provided some support to the yellow metal.

Gold futures for June delivery settled up 0.2 percent at $1,317.20 per ounce, on the Comex division of the New York Mercantile. While, spot gold was up by 0.2 percent to $1,316.62 per ounce.



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