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Gold futures settle lower as dollar strengthens
Aug-20-2019

Gold futures settled lower on Monday, as increased risk appetite among participant boosted dollar and stock markets dulling yellow metal investments. Meanwhile, renewed optimism that global policy makers may come up with stimulus to avert recession, also weighed on safe heaven bullion.

Gold futures for December settled down 0.8% at $1,511.60 an ounce on the Comex division of the New York Mercantile. Spot gold was down 1% at $1,498.90 per ounce.

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