Gold futures settled higher Wednesday on weakening dollar.
August gold futures settled up $1.30 at $424.80 on the Comex
division of the New York Mercantile Exchange.
The contract dipped lower at
the open and touched its lowest level in a week at $421.80 but bounced midway through the session as the dollar fell against the euro.
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Greenback Down, Yellow Metal Up
Gold futures settled higher Wednesday on weakening dollar