COMMODITY
Gold futures finish higher on safe haven appeal
Oct-27-2026
Gold futures finished higher on Monday, kindled by the safe haven appeal amidst escalating geopolitical tensions in the Middle East. Gold-backed ETF inflows experienced a massive surge to a four-year high level. Reduced bets on immediate Fed interest rate hikes after a brief pullback in crude oil prices, also buoyed the yellow metal investments.

Gold futures for December delivery up by $30.50 or 0.76% to settle at $4,038.40 an ounce on the Comex division of the New York Mercantile. While, spot gold rose by $7.43 or 0.19% to $4,024.14 an ounce.

  RELATED NEWS >>