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Gold futures finish lower on Thursday

09 Jul 2021 Evaluate
After five straight sessional gains, gold futures finished slightly lower on Thursday, though posts above the key resistance $1800 level with the global economic rebound woes and a softer greenback. The yellow metal slipped after the US Treasury bond yields edged up and on profit booking at prevailing gains.

Gold futures for August dipped by 0.1% lower at $1,800.20 an ounce on the Comex division of the New York Mercantile. Spot gold lower by 0.2% to $1,799.18 per ounce.