The precious metal gold was also seen on a higher note
As oil, the precious metal gold was also seen on a higher note as the dollar's initial losses triggered technical buying.
Michael Daly, gold specialist at Chicago-based futures broker PFGBest said: "It's still a safe-haven mentality as people are not satisfied with the fiat currencies. They see the $1,220 level as a possible bargain as we get closer to the Indian wedding season and there was physical buying overnight."
Gold prices for December delivery settled up up $3.10 at $1,231.40 per ounce.
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