Gold Up On Risk Of U.S. Government ShutDown

Posted By: Religare
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Gold futures closed higher in the international market on Friday as the risk of a U.S. government shutdown helped the precious metal rebound from the biggest one-day decline in more than a month.

Gold Up On Risk Of U.S. Government ShutDown

Gold, which is priced in dollars, often trades inversely with the dollar, as moves in the U.S. unit can influence the attractiveness of the precious metal to holders of other currencies.

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