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Gold prices again pressured by resilient dollar

November 15, 2018

Gold prices tipped lower Thursday, trading about flat for the week to date as a whole, as the dollar index holds near its recent high-water mark.

December gold GCZ8, +0.33% was down $1, or 0.1%, at $1,209.10 an ounce, now up roughly $8 since Tuesday’s finish at $1,201.40 marked the lowest for a most-active contract in over a month, according to FactSet data.

The SPDR Gold Shares GLD, +0.83% slipped 0.2%.

December silver SIZ8, +0.53% tacked on 1 cent, or 0.1%, to $14.095 an ounce. Its settlement Tuesday at $13.977 was the lowest for a most-active contract since January 2016, but it has generally stabilized since.

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