COMMODITY
Gold futures trade lower in early deals of Monday
May-12-2025
Gold futures traded lower in early deals of Monday, saddled by the dampened safe haven appeal amidst optimism over US-China trade talks. Moreover, higher bond yield notes, and steady benchmark interest rates also dulled precious metal rates. The yellow metal for the most active contract had rallied for about 3% this week.

Gold futures for June delivery down by $59.80 or 1.79% to $3,284.20 an ounce on the Comex division of the New York Mercantile. While, spot gold slipped by $46.29 or 1.39% to settle at $3,278.69 an ounce.

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