Gold futures rose Thursday to settle at their highest in about year and a half, buoyed by weakness in the U.S. dollar, as a leading index for the greenback continued to touch their lowest levels in more than three years. A weaker dollar tends to boost dollar-denominated prices of gold. The ICE U.S. Dollar Index was down 0.5% at 88.72. February gold rose $6.60, or 0.5%, to settle at $1,362.90 an ounce, marking the highest finish since Aug. 4, 2016 for a most-active futures contract, according to FactSet data.
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