Gold rises to four-month high on Dollar

Source: Bloomberg
Gold futures gained to approximately four month high as purchases from China and a declining Dollar fuelled metal's demand. Gold for April delivery gained 0.9% to $1,285.70 an ounce as of 8:04 a.m. New York time, after it approached $1,288.30, the highest level since November 18. The yellow metal for immediate delivery rose 0.9% to $1,286.64.

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