Gold Futures Settle Back Above $1,200

Gold futures finished higher on Wednesday, reclaiming the $1,200-an-ounce level as weaker-than-expected U.S. economic data weighed on the dollar. June gold climbed $8.70, or 0.7%, to settle at $1,201.30 an ounce on Comex. Prices on Tuesday had logged their lowest settlement of the month.

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