COMMODITY
Gold futures end lower on stronger dollar
Mar-05-2021
Gold futures ended lower on Thursday, saddled by the stronger dollar and rising bond yields amid US Senate is expected to begin debating President Joe Biden's $1.9 trillion coronavirus relief package on Thursday after agreeing to phase out payments to higher-income Americans. Albeit, the yellow metal for the most active contract held above the $1700 level. 

Gold futures for April delivery settled down 0.9% at $1,700.70 an ounce on the Comex division of the New York Mercantile. Spot gold fell 0.9% to $1,695.26 per ounce.

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