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Gold futures settle slightly higher as dollar slides

28 Jul 2021 Evaluate
Gold futures settled tad higher on Tuesday lifted by the increased investments as dollar weakened against its peers and as US bond yields extended its losses. Although, caution ahead to the US Federal Reserve’s two day Policy meeting which will is to begin today limited further gains.

Gold futures for August rose by $0.60 or 0.03% to settle at $1799.80 an ounce on the Comex division of the New York Mercantile. While, spot gold lifted by 0.2% to $1,800.46 per ounce.