COMMODITY
Gold futures finish higher as bond yields retreat
Dec-07-2023

Gold futures finished higher on Wednesday, kindled by the retreat in Treasury bond yield notes and as dollar muted against its peers boosting investment appeal of the bullion. Market projections on Federal Reserve interest rate cuts also boosted yellow metal investments.

Gold futures for February delivery rose by $11.60 or 0.56% to $2047.90 per ounce on the Comex division of the New York Mercantile. Spot gold added by $0.79 points or 0.04% to $2,026.34 per ounce.
 


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