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Gold futures log highest settlement since 2013

Friday, 21 June 2019 01:04 WIB

GOLDEMAS

Gold futures rallied Thursday to settle at their highest since September 2013, as the U.S. Federal Reserve hinted at the likelihood of interest-rate cuts.

August gold rose $48.10, or 3.6%, to settle at $1,396.90 on Comex. Based on the most-active contracts, that was the biggest one day dollar and percentage climb since June 2016, according to Dow Jones Market Data.

Source: Marketwatch

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