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Urgent: Gold up on falling U.S. dollar

Xinhua, May 16, 2015 Adjust font size:

Gold futures on the COMEX division of the New York Mercantile Exchange rose on Friday as the dollar index dipped following a fresh slate of weak U.S. data which is expected to hold the Federal Reserve away from hiking interest rates for a longer time.

The most active gold contract for June delivery fell 0.1 U.S. dollars, or 0.01 percent, to settle at 1,225.30 dollars per ounce. Endite