COMMODITY
Gold futures finish higher as dollar slides
Sep-19-2020
Gold futures finished higher on Friday, kindled by weaker dollar in midst of worries over recovery of dampened global economy due to coronavirus pandemics. Moreover, modest boost from Federal Reserve policy which signaled lower-for-longer path for interest rates for the next three to four years also lifted bullion buying.

Gold futures for December delivery settled up 0.6% at $1,962.10 an ounce on the Comex division of the New York Mercantile. Spot gold rose 0.6% to $1,953.72 an ounce.

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