Skip to main content

MoneyWorks4Me

Gold futures settle lower on Wednesday

22 Jul 2021 Evaluate
Gold futures settled lower on Wednesday, weighed down by the increased risk appetite in the market which lifted equities and US Treasury bond yields and dulled safe haven bullion investments. Even though, dollar retreat limited some loss in the greenback denominated yellow metal rates.

Gold futures for August dipped by 0.4% settled at $1,803.40 an ounce on the Comex division of the New York Mercantile. While, spot gold fell by 0.4% to $1,803.11 per ounce.