COMMODITY
Gold futures finish higher for fourth consecutive session on Thursday
Nov-22-2024

Gold futures finished higher for fourth consecutive session on Thursday, marking its highest level in a week kindled by the intensified Russia-Ukraine geopolitical tensions. Moreover, softer bond yield notes and hopes on 25 bps Fed interest rate cut in December also boosted investment appeal to the bullion.

Gold futures for December rose by $23.20 or 0.90% to $ 2,674.90 ounce on the Comex division of the New York Mercantile. Spot gold climbed by $12.31 or 0.46% to $2,682.03 per ounce.


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