Commodities

Gold Futures Settle Modestly Higher

Gold futures gained on Thursday as the dollar stayed subdued after data showing a smaller than expected increase in U.S. private sector employment helped raise optimism the Federal Reserve will start cutting rates sometime early next year.

The dollar index, which dropped to 103.87, recovered to 104.08 as the day progressed, recording a marginal gain.

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by RTTNews Staff Writer

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