COMMODITY
Gold futures finish near four-month high on Friday
Aug-30-2025

Gold futures finished near four-month high on Friday, kindled by the expectations of interest rate cuts by the Federal Reserve, after July US consumer spending marked a considerable rise. Safe-haven demand amid geopolitical uncertainties and a softer dollar also whetted the precious metal investment. The yellow metal for the most active contract marked 2.86% gain for the week.

Gold futures for December delivery up by $41.80 or 1.20% to settle at $3,516.10 an ounce on the Comex division of the New York Mercantile. Spot gold rose by $30.87 or 0.90% to settle at $3,447.95 an ounce.

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