COMMODITY
Gold futures finish sharply higher on safe haven demand
Jan-06-2026
Gold futures finished sharply higher on Monday, kindled by the safe haven appeal of the bullion amid political turmoil in Venezuela. Moreover, softer dollar and anticipation of further US Federal Reserve interest rate cuts in 2026 also buoyed the yellow metal.

Gold futures for February delivery up by $121.90 or 2.82% to settle at $4,451.50 an ounce on the Comex division of the New York Mercantile. While, spot gold rose by $16.01 or 0.36% to $4,465.16 an ounce.

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