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Gold settles higher on Wednesday

Gold settles higher on Wednesday

Mubasher: Gold ended higher on Wednesday, increasing by 2% since the beginning of the month.

Comex August gold climbed $5.6, or 0.4%, to close at $1,336.8 per ounce.

By 08:02 pm GMT, the US dollar index (DXY), which measures the US currency against a basket of six major currencies, rose 0.34% to 97.01.