Gold futures fall as trade tension eases, US dollar strengthens

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Xinhua, Chicago :
Gold futures on the COMEX division of the New York Mercantile Exchange fell on Thursday, as the U.S. dollar went stronger and safe-haven demand eased for bullion.
The most active gold contract for June delivery fell 11.7 U.S. dollars, or 0.87 percent, to settle at 1,328.5 dollars per ounce.
The U.S. dollar index, which measures the buck against six rivals, went up 0.36 percent to 90.45 as of 1930 GMT.
Gold and the dollar typically move in opposite directions, which means if the dollar goes up, gold futures will fall.
As for other precious metals, silver for May delivery added 10.1 cents, or 0.62 percent, to settle at 16.355 dollars per ounce. Platinum for July went down 2.8 dollars, or 0.3 percent, to close at 915.3 dollars per ounce.

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