COMMODITY
Gold futures finish lower ahead to US economic data
Jul-23-2024
Gold futures finished lower on Monday marking third consecutive fall, saddled by the strength in dollar and on caution ahead to this week’s key US economic data releases like advance estimate for Q2 GDP growth, personal spending and income, and the June PCE price index. However, sliding bond yield notes and bets on interest rate cuts capped some losses in the session.

Gold futures for August delivery slipped by $4.40 or 0.18% to $2,394.70 per ounce on the Comex division of the New York Mercantile. While, spot gold rose by $1.12 or 0.05% to settle at $2,397.71 an ounce.

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