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Gold futures finish higher on Wednesday

Gold futures finished higher on Wednesday, amid weakness in dollar and on bets over Fed interest rate cut. Moreover, safe haven appeal amidst geopolitical tensions and uncertainties surrounding US trade policies also buoyed the yellow metal rates.

Gold futures for April delivery rose by $49.90 or 0.96% to settle at $5,226.20 an ounce on the Comex division of the New York Mercantile. While, spot gold up by $29.92 or 0.57% to $5,194.70 an ounce.