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Gold prices hit one-week high as dollar turns lower

Updated : April 08, 2019 10:03 AM IST

Spot gold gained about 0.4 percent to $1,295.81 per ounce by 0358 GMT, having hit a session high of $1,296.69 earlier. US gold futures were also up 0.4 percent at $1,300.10 an ounce.
The dollar was down 0.1 percent against key rivals, making bullion cheaper for holders of other currencies.
The markets are now awaiting the minutes of the Federal Open Market Committee's (FOMC) March policy meeting, due on Wednesday, for cues on Fed's future monetary policy stance.
Gold prices hit one-week high as dollar turns lower
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