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Gold trade lower on vaccine rollout in US

14 Dec 2020 Evaluate
Gold futures traded lower in early deals of Monday, as the risk appetite in the market with the covid vaccine rollout in United States weighed down bullion investments. However, a weaker dollar and US stimulus hopes capped some losses.

Gold futures for February delivery futures were lower by 0.2% to $1,840.70 an ounce on the Comex division of the New York Mercantile. Spot gold dipped about 0.2% to $1,834.94 per ounce.