Gold Futures Climb To Five Week High Rate On Safe-Haven Buying

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Gold futures climbed up on Friday, as the threat of a looming trade war between the US and China intensified, triggering the safe-haven appeal of the bullion.

 

Gold futures for April delivery settled up $22.50, or 1.7 percent, at $1,349.90 per ounce, on the Comex division of the New York Mercantile. While, spot gold gained 1.6 percent at $1,349.56 per ounce.

 

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