COMMODITY
Gold futures finish sharply higher on weaker dollar
Oct-16-2026

Gold futures finished sharply higher on Thursday, on account of weakness in dollar and bond yield notes. Besides, safe-haven inflows following a massive global stock market tech correction also buoyed the yellow metal rates.

Gold futures for December delivery soared by $62.20 or 1.51% to settle at $4,170.10 an ounce on the Comex division of the New York Mercantile. Spot gold rose by $5.97 or 0.14% to $4,177.41 an ounce.


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