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Gold prices rise as dollar slips to lowest in nearly three weeks

Reuters  |  BENGALURU 

By Swati VermaBENGALURU (Reuters) - Gold prices nudged higher on Tuesday as the U.S. dollar slid to its weakest level in about three-weeks, with the metal also supported by festering worries over U.S.-China trade tensions.Spot gold had gained 0.2 percent to $1,347.81 an ounce by 0707 GMT, while U.S. gold futures were steady at $1,350.60 an ounce."Despite a quietening of negative headlines overnight, its unlikely we've seen the last of China trade tensions or a weaker U.S. dollar for that fact. All of which continues to provide the most apparent reasons to own gold," said Stephen Innes, head ...

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First Published: Tue, April 17 2018. 13:16 IST
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