COMMODITY
Gold futures finish higher on safe haven demand
Nov-20-2024

Gold futures finished higher for second consecutive session on Tuesday on the safe haven appeal of the bullion amidst mounting tensions between Russia-Ukraine. Moreover, weaker dollar also supported yellow metal investments, as it made the greenback denominated bullion cheaper for other currency holders. Meanwhile, market awaited comments from Federal Reserve officials for further cues about the U.S. interest rate trajectory. 

Gold futures for December rose by $16.4 or 0.6% to $ 2,631.00 ounce on the Comex division of the New York Mercantile. Spot gold climbed by $3.77 or 0.14% to $ 2,635.85 per ounce.


  RELATED NEWS >>