COMMODITY
Gold futures settle higher ahead of Fed minutes
Aug-21-2019

Gold futures settled up on Tuesday amid investors are waiting for the minutes of the Fed’s July meeting. Gold prices improved further by dollar’s weakness against major currencies in line with the drop in Treasury yields, that providing some impetus for metals buying.

Gold futures for December settled rose 0.3 percent to settle at $1,515.70 an ounce on the Comex division of the New York Mercantile. Spot gold was up 0.8 percent at $1,507.23 per ounce.

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