COMMODITY
Gold futures finish higher on weaker dollar
Jun-05-2025

Gold futures finished higher on Wednesday as the safe haven appeal of after the slower than expected US service sector activity and on weak private sector job growth data in May by ADP, marking the slowest since March 2023. Additionally, weaker dollar also supported yellow metal investments.

Gold futures for August delivery up by $22.10 or 0.65% to settle at $3,399.20 an ounce on the Comex division of the New York Mercantile. However, spot gold lower by $2.05 or 0.06% to $3,370.67 an ounce.


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