COMMODITY
Gold futures settle tad higher on safe-haven appeal
Aug-03-2021

Gold futures settled marginally higher on Monday as rising Delta variant of coronavirus cases supporting the safe-haven appeal, while weakness in American currency and pullback in 10-year Treasury yields ahead of the key US non-farm payroll data due later this week also helped to boost gold prices.

Gold futures for December gained $5 or 0.3% to settle at $1,822.20 an ounce on the Comex division of the New York Mercantile. While, spot gold was lower by 0.14% to $1,811.24 per ounce.

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