COMMODITY
Gold futures finish lower for second straight session on Thursday
May-09-2025
Gold futures finished lower for the second straight session on Thursday, as the hopes of progress in resolving trade disputes between US and China dulled safe haven investments. The announcement of a US-UK trade agreement further eased concerns over global trade tensions. Besides, steady interest rates by the Federal Reserve also saddled yellow metal investments.

Gold futures for June delivery down by $85.90 or 2.5% to settle at $3,306.00 an ounce on the Comex division of the New York Mercantile. While, spot gold up by $7.56 or 0.23% to settle at $ 3,313.28 an ounce.

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