COMMODITY
Gold futures finish higher as dollar, bonds dips
May-07-2024
Gold futures finished higher on Monday, supported by the investment appeal of the bullion after dollar and bonds dipped followed by weaker-than-expected US jobs growth. Moreover, intensified bets over interest rate cuts by Federal Reserve also supported precious metal investments.

Gold futures for June delivery rose by $22.60 or 0.97% to settle at $ 2331.20 per ounce on the Comex division of the New York Mercantile. While, spot gold down by $0.25 points or 0.01% to $2,323.72 an ounce.

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