Gold prices rose in early afternoon U.S. trading on Thursday after the minutes of the Federal Reserve's April policy meeting revealed that rate hikes remain far off on the horizon, while ongoing tensions in Ukraine bolstered the yellow metal's safe-haven appeal.
On the Comex division of the New York Mercantile Exchange, goldfutures for June delivery traded at 1,295.00 a troy ounce during U.S. trading, up 0.54%, up from a session low of $1,290.20 and off a high of $1,303.90.
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