Gold prices edge higher on softer dollar

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By Austine in Business
Updated 3 years ago

Gold edged higher on Monday, recovering from an eight-month low touched in the previous session, as a weaker dollar lifted bullion's appeal. Spot gold rose 0.3% to $1,739.31 per ounce by 0108 GMT, after hitting its lowest since June at $1,716.85 on Friday. U.S. gold futures gained 0.4% to $1,736.10.

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