COMMODITY
Gold futures finish sharply higher for second straight session
Jan-22-2026

Gold futures finished sharply higher on Wednesday, amid sustained demand for the safe-haven assets. Yellow metal prices traded higher amid reports that U.S. President Donald Trump stood firm on taking control of Greenland, intensifying the U.S.-EU standoff, even though he reassured he would not resort to the use of force. Meanwhile, softer dollar and sliding bond yield notes also buoyed yellow metal buying.

Gold futures for February delivery up by $71.70 or 1.50% to settle at $4,837.50 an ounce on the Comex division of the New York Mercantile. While, spot gold rose by $35.01 or 0.70% to $4,796.72 an ounce.

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