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Gold futures end higher despite strong dollar

14 Sep 2021 Evaluate
Gold futures ended higher on Monday, though failed to regain above key $1800 level with the strength in greenback. The yellow metal investments got support ahead to US consumer price index monthly reading. Bullion is considered as as a hedge against inflation and currency debasement.

Gold futures for December rose by $2.3 or 0.1% at $1794.40 an ounce on the Comex division of the New York Mercantile. While, spot gold was down higher by 0.3% to $1,792.05 per ounce.