Gold gains one percent on dollar retreat, short-covering - Dealers Care

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Thursday, 15 November 2018

Gold gains one percent on dollar retreat, short-covering

By Sethuraman N R and Swati Verma (Reuters) - Gold rose 1 percent on Wednesday, helped by a slight retreat in the dollar following a rally and as some investors covered their short positions after the metal held the key $1,200 level. Spot gold was up 1 percent at $1,214.14 per ounce at 13:43 p.m.

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