Gold up on Trump comments

Gold futures closed higher in the international market on Wednesday after data showing that U.S. inflation topped 2% in 2016.

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Gold futures closed higher in the international market on Wednesday after data showing that U.S. inflation topped 2% in 2016 and recent comments from President-elect Donald Trump suggested that he favors a weaker greenback for exporters.

Gold up on Trump comments

Market participants said trading has been subdued with investors awaiting Trump's presidential inauguration ceremony set for Friday.

Read more about: gold, international, market, donald trump
Story first published: Thursday, January 19, 2017, 12:40 [IST]
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