COMMODITY
Gold futures finish lower for second straight session
Dec-31-2024
Gold futures finished lower for second straight session on Monday, pressured by the strength in dollar and bond yield notes. Moreover, potential FOMC stance for fewer interest rate cuts amidst resilient labour market data and signs of persistent inflation also saddled yellow metal investments.

Gold futures for February delivery down by $13.80 or 0.52% to settle at $2,618.10 ounce on the Comex division of the New York Mercantile. While, spot gold rose by $1.57 or 0.06% to settle at $ 2,608.07 an ounce.

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