COMMODITY
Gold futures finish higher as dollar slides
Jul-11-2025
Gold futures finished higher on Thursday, supported by the safe haven appeal of the bullion with the escalating trade tensions, declining Treasury yields and softer dollar. Meanwhile, Trump’s call for a 300 bps cut in the Fed funds rate fuelled speculation about a dovish Fed nominee next year and raised concerns over longer-term inflation expectations.

Gold futures for August delivery up by $4.70 or 0.14% to settle at $3,325.70 an ounce on the Comex division of the New York Mercantile. While, spot gold rose by $6.73 or 0.20% to $3,330.78 an ounce.

  RELATED NEWS >>