Gold Futures Settle At 1-week Excessive

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Gold Futures Settle At 1-week Excessive

(RTTNews) - Gold futures ended increased on Thursday because the commodity continued to retain its


(RTTNews) – Gold futures ended increased on Thursday because the commodity continued to retain its safe-haven enchantment amid some uncertainty concerning the newest Brexit deal getting the approval of the policymakers and on rising issues about international financial slowdown.

The gold’s rise was additionally supported by the greenback’s weak point amid hypothesis the Federal Reserve will minimize rates of interest once more to spice up financial development.

The greenback index drifted right down to 97.50 and was final seen hovering round 97.60, down greater than 0.4% from earlier shut.

Gold futures for December ended up $4.30, or about 0.3%, at $1,498.30 an oz.

On Wednesday, gold futures for December ended up $10.50, or 0.7%, at $1,494.00 an oz, rebounding strongly after a close to 1% decline a session earlier.

Silver futures for December ended up $0.185, at $17.612 an oz, whereas Copper futures for December settled at $2.5975 per pound, up $0.0080 from earlier shut.



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