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Gold goes down at Tuesday’s settlement

Gold goes down at Tuesday’s settlement

Mubasher: Gold settled lower on Tuesday on strong US dollar, marking its lowest level since 26 December.

Comex June gold lost $14.1, or 1.1%, to close at $1,277.2 per ounce.

By 08:06 pm GMT, the US dollar index (DXY), which measures the US currency against a basket of six major currencies, rose 0.11% to 97.05.