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Gold futures finish higher as dollar slides

25 Aug 2021 Evaluate
Gold futures finished higher on Tuesday buoyed by the easing dollar and as the continued surge of covid cases world-wide boosted safe haven appeal of the bullion. Meanwhile, the market eagerly awaited for the annual Jackson Hole central bankers monetary-policy symposium where Federal Reserve might indicate tapering of monetary stimulus .

Gold futures for December rose by 0.1% to settle at $1,808.90 an ounce on the Comex division of the New York Mercantile. While, spot gold was steady at $1,804.99 per ounce.