COMMODITY
Gold futures settle lower on Friday
Aug-17-2019

Gold futures settled lower on Friday, as the increased risk sentiments in market firmed dollar and US equities. Even though, the yellow metal notched third weekly climb in a row, amid negative global growth and uncertainty regarding US-China trade policy and political unrest in Hong Kong.

Gold futures for December settled down 0.5% at $1,523.60 an ounce on the Comex division of the New York Mercantile. While, spot gold was down 0.5% at $1,514.70 per ounce.

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