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Gold Closes on Marginal Gains

M. Ali 16 October, 2020 2:18 am Commodities, Market Update

Gold prices returned to gains on Thursday, amid increased demand for safe havens amid uncertainty.

The rise in the yellow metal prices came despite the US Dollar’s (USD) gains.

Gold futures for December delivery rose by $1.60, or 0.08%, and settled at $1,908.90 per ounce.

Since the beginning of the week, the precious metal futures decreased by 0.9%.

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