COMMODITY
Gold futures finish lower for second straight session
Dec-28-2024
Gold futures finished lower on Friday, saddled by the firmness in dollar and on rising bond yield notes amidst concerns over limited Fed rate cuts next year. The yellow metal for the most active contract marked 0.5% loss for the week, though the precious metal remained on track for a sharp 27% gain for the year so far.

Gold futures for February delivery down by $22 or 0.83% to settle at $2,631.90 ounce on the Comex division of the New York Mercantile. While, spot gold slipped by $12.18 or 0.46% to settle at $2,621.40 an ounce.

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