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Gold pulls back from March high to edge back below $1,300 an ounce


Friday, 15 March 2019 02:14 WIB

GOLD Spot EmasSpot Gold


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Gold futures were under pressure Thursday, pulling back below the $1,300-an-ounce level as the U.S. dollar regained its footing and investors appeared to shrug off political turmoil in the U.K. surrounding the country's preparations for exiting from the European Union.

Gold for April delivery on Comex fell $14.60, or 1.1%, to $1,294.70 an ounce. On Wednesday, prices for the most-active contract marked the highest settlement since Feb. 28.

Source : MarketWatch


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