COMMODITY
Gold futures finish lower on strong dollar
Apr-24-2024

Gold futures finished lower on Tuesday, hovering near three-week low hit saddled by the strength in dollar and US Treasury bond yield notes. Additionally, persisting elevated benchmark interest rates and dulled safe haven appeal as Middle East tensions eased also pressured yellow metal rates further.

Gold futures for June delivery dipped to $4.30 or 0.18% to settle at $2342.10 per ounce on the Comex division of the New York Mercantile. However, spot gold up by $5.93 points or 0.26% to $2,327.95 an ounce.


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