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Gold trades higher at Monday’s close

Gold trades higher at Monday’s close

Mubasher: Gold prices grew at the end of Monday’s trade session, hitting the highest level in 3 weeks, adding $10.

The increase in gold prices comes due to the dollar’s weak performance.

Last week, the yellow metal deepened its losses falling $35, the lowest in a year.

By the end of the session, gold futures rose 0.9%, or $10.40, reaching $1,194.60 per ounce.

By 08:35 pm GMT, Gold spot grew 0.53%, or $6.26, recording $1,190.51 per ounce.