COMMODITY
Gold futures finish lower for fourth straight session
Nov-14-2024

Gold futures finished lower for fourth straight session on Wednesday, registering its eight-week low pressured by the firmness in dollar and as latest US CPI data met expectations on the headline level. Meanwhile, investors awaited for later PPI data and weekly jobless claims on Thursday, followed by retail sales data on Friday for further cues on economic health.

Gold futures for December tumbled by $19.80 or 0.76% to settle at $2,586.50 ounce on the Comex division of the New York Mercantile. Spot gold down by $11.75 or 0.46% or $ 2,561.23 per ounce.


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