COMMODITY
Gold futures finish near nine month low level on Wednesday
Mar-04-2021

Gold futures finished near nine month low level on Wednesday amid higher government bond yields. Anticipation about a quick economic rebound fuelled by a swift rollout of COVID-19 vaccines has also dulled safe haven appeal of the bullion.

Gold futures for April delivery settled 1% down at $1,715.80 an ounce on the Comex division of the New York Mercantile. Spot gold was down 1.2% at $1,717.67 per ounce.

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