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Gold futures trade down on Monday

Mumbai : Gold futures traded down on Monday, despite dollar weakness amid prospects of a trade deal between China and the United States. The yellow metal failed to attract safe-haven investments.

Gold futures for April delivery were down 0.2 percent at $1,297.20 on the Comex division of the New York Mercantile. Spot gold was up 0.3 percent at $1,296.61 an ounce per ounce.

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