COMMODITY
Gold futures finish lower after upbeat jobs data
Oct-05-2024
Gold futures finished lower on Friday, as the bullion investments got dulled after upbeat jobs data trimmed chances for 50 bps interest rate cut in November Federal Reserve meeting. Additionally, firmness in dollar and bond yield notes also pressured precious metal investments. The yellow metal for the most active contract dipped slightly about 0.1% this week.

Gold futures for December delivery down by $11.40 or 0.43% to settle at $2,667.80 per ounce on the Comex division of the New York Mercantile. While, spot gold dipped by $2.29 or 0.09% to $2,653.60 an ounce.
  RELATED NEWS >>