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Gold futures finish near highest level for a week ahead to US inflation data

13 Oct 2021 Evaluate
Gold futures finished near highest level for a week on Tuesday, marking first gain in four sessions followed by the International Monetary Fund’s forecast of a sluggish momentum in global economic growth for this year. Besides, a slip in dollar and worries ahead to US inflation data also buoyed the upside momentum of the yellow metal.

Gold futures for December eased by 0.2% or $3.6 to settle at $1,759.30 an ounce on the Comex division of the New York Mercantile. While, spot gold was little changed at $1,760.26  per ounce.