Monday 26 May 2014

Gold futures edge lower on Monday

Gold futures edged lower on Monday ahead of a US holiday and thin trade. Further, investors weighed the outlook for US monetary stimulus against unrest in Ukraine too influenced the precious metal price.
Gold futures for June delivery edged down 0.01 percent at $1,291.80 an ounce on the Comex division of the New York Mercantile Exchange. While spot gold was traded at $1,292.95 an ounce.

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