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Aug. 12, 2020, 1:43 p.m. EDT

Gold futures settle higher after a more than 4% loss a day earlier

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By Myra P. Saefong


Gold futures settled higher on Wednesday, recouping a small portion of the more than 4% loss they suffered a day earlier. U.S. Treasury yields continued to strengthen, but traded off the day's highs, while the dollar edged lower, providing some support for gold, which is traded in the greenback. December gold /zigman2/quotes/210039572/delayed GCZ20 -0.25% rose $2.70, or 0.1%, to settle at $1,949 an ounce.

Read the full story:
Gold settles higher, a day after losing more than 4%

US : U.S.: Nymex
$ 1,957.10
-5.00 -0.25%
Volume: 174,242
Sept. 18, 2020 4:59p

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