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Gold restores $1,200 level

Gold restores $1,200 level

Mubasher: Gold prices rose on Wednesday, as the dollar declined against some major currencies, especially the British pound.

The yellow metal has recovered from a two-week low as attention is turning towards trade war concerns, as well as economic data in the United States.

Gold futures for December delivery added 0.2% and settled at $1,201.30 pe ounce.