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Gold Falls As Dollar Recovers

Dubai – Massader  News

Gold prices fell on Friday as the dollar recovered and metal futures for December delivery fell more than 0.3% to $ 1215.80 an ounce, according to report published by Mubasher.

The spot price of yellow metal has stabilized at $ 1207.61 an ounce.

The benchmark index, which measures the performance of the greenback versus 6 major currencies, rose about 0.06% to $ 95.231.

Investors are waiting for the US Department of Labor to release employment data of July later today.

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