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Gold futures settle near six-week low on Tuesday
Mar-22-2023
Gold futures settled near six-week low on Tuesday, due to technical selling after previous session 111 months high rate. Meanwhile, participants awaited for Federal Open Market Committee meeting minutes for monetary policy decision. Expectations that the Federal Reserve will tighten policy less aggressively limited some losses in the session.

Gold futures for April down by $41.70 or 2.10% to finish at $1941.10 ounce on the Comex division of the New York Mercantile. Spot gold dipped by $0.98 or 0.05% to $1,939.09 per ounce.
 

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