Gold Futures End Higher On Weaker Dollar - Commodity Market Tips

Gold futures ended higher on Wednesday as the US dollar slipped against a basket of major currencies after US President Donald Trump's threat of a government shutdown and comments about the possible termination of a North American trade agreement. Markets are focused on a meeting of central bankers in Jackson Hole, Wyoming, starting Thursday. Federal Reserve Chair Janet Yellen and European Central Bank chief Mario Draghi are set to deliver speeches on Friday, on the outlook for monetary policy and interest rates. Gold futures for December delivery gained $3.70, or 0.3 percent, to settle at $1,294.70 an ounce on the Comex division of the New York Mercantile. While, spot gold was up 0.4 percent at $1,289.27 an ounce.

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