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Gold claws higher on soft dollar, renewed trade tensions

Updated : May 24, 2018 04:02 PM IST

Spot gold was up 0.3% at $1,296.24 per ounce by 1000 GMT, after gaining nearly 0.2% in the previous session.
US gold futures for June delivery added 0.5% to $1,295.70 per ounce.
Turkey has been in the spotlight and the lira weakened more than 2% after a huge emergency interest rate hike failed to stem its problems.
Gold claws higher on soft dollar, renewed trade tensions

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