Equity Trading Tips: Gold Futures End Higher On Thursday

Gold futures ended higher on Thursday as focus shifted to US inflation figures due on Friday which are expected to give more clues on monetary policy. Minutes from a US Federal Reserve September meeting showed policymakers had a prolonged debate about prospects of a pick-up in inflation and slowing the path of future interest rate rises if it did not.

Gold futures for December delivery gained $7.60, or 0.6 percent, to settle at $1,296.50 an ounce on the Comex division of the New York Mercantile. While, spot gold was steadied at $1,293.40 an ounce.

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