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Gold loses $0.2 at Thursday’s settlement

Gold loses $0.2 at Thursday’s settlement

Mubasher: Gold settles lower on Thursday, as the USD recovers, amid concerns over a global economic slowdown.

Comex April gold inched down $0.2, or 0.01%, to close at $1,314.2 per ounce. 

The USD dollar index (DXY), which measures the US currency against a basket of six major currencies, increased by 1% to 96.509.