Gold Prices Re­treat as $ Ex­tends Gains

The Economic Times - - Commodities Plus -

Gold eased on Thurs­day as the dol­lar ex­tended its big­gest one-day rally in over a month, though losses were limited by un­cer­tainty over the out­look for US mon­e­tary pol­icy this year. The metal has eroded all its early gains for the week af­ter touch­ing $1,262.60 an ounce on Tues­day.

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