Gold futures approach $1,795.10 an ounce

Note: This section contains information in English only.
Source: Marketwatch
© Scanpix/Reuters

The precious metal for December delivery went up by $1,795.10 an ounce on the Comex division, New York Mercantile Exchange in Asian trading. Lower dollar stimulates purchasing of dollar-priced commodities like gold as they become more profitable investment option for  other currency holders. Other metals also gained on weaker dollar, copper rose by 3% to $3.57 a pound and silver was up by 0.4% to $34.81 an ounce.

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