COMMODITY
Gold futures finish higher as green back slides
Oct-20-2021
Gold futures finished higher on Tuesday snapping third straight sessional loss, kindled by a weaker greenback. Slide in greenback makes the dollar denominated bullion less expensive for the third currency holders. Negative trend in US Treasury bond yields also attracted more investors to the yellow metal.

Gold futures for December advanced by $4.80 or 0.3% at $1770.50 an ounce on the Comex division of the New York Mercantile. While, spot gold picked up about 0.7% to $1,776.03 per ounce.

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