Gold Up on Weakness in US Stocks

Posted By: Religare
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Gold futures closed higher in the international market on Tuesday buoyed by a drop in a key U.S. dollar benchmark index to its lowest level in almost three weeks.

Gold Up on Weakness in US Stocks

Uncertainty over the outlook for U.S. tax reform and its potential impact in supercharging the economy also supported the metal's move higher, hitting investor risk appetite and underpinning gold's value as a haven asset.

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