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Gold breaks above $1,400 per ounce at Tuesday’s settlement

Gold breaks above $1,400 per ounce at Tuesday’s settlement

Mubasher: Gold Settled higher on Tuesday, pushed up by worries over a global slowdown.  

Comex August gold went up $18.7, or 1.4%, to settle at $1,408 per ounce.

By 08:22 pm GMT, the US dollar index (DXY), which measures the US currency against a basket of six major currencies, declined by 0.13% at 96.72.