COMMODITY
Gold futures trade higher in early deals on Monday
Mar-24-2025
Gold futures traded higher in early deals on Monday, kindled by the safe-haven appeal amidst lingering tariff uncertainty, escalated Middle East tensions and expectations of US Federal Reserve rate cuts. The yellow metal for the most active had contract marked third consecutive weekly gain by jumping 0.67%. The traditional safe-haven asset, gold registered 16 record highs this year.

Gold futures for April delivery rose by $1.40 or 0.05% to $3,022.80 ounce on the Comex division of the New York Mercantile. While, spot gold dipped by $4.00 or 0.13% to $ 3,018.15 an ounce.

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