COMMODITY
Gold futures finish sharply lower after Sino-US tariff deal
May-13-2025
Gold futures finished sharply lower on Monday, as the safe haven appeal dulled following the announcement of a temporary deal between the United States and China to reduce tariffs. Strength in dollar also saddled the yellow metal investments.

Gold futures for June delivery down by $101.10 or 3.03% to settle at $3,228.00 an ounce on the Comex division of the New York Mercantile. While, spot gold slipped by $3.42 or 0.11% to settle at $3,239.81 an ounce.

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