Skip to main content

MoneyWorks4Me

Gold futures finish lower for the first time in six sessions

27 Oct 2021 Evaluate
Gold futures finished lower for the first time in six sessions on Tuesday, saddled by the firmness in dollar after greater than expected corporate earnings. The yellow metal retreated to mark below the key benchmark $1800, after past five session’s gain of about 2.5%.

Gold futures for December slipped by 0.7% to settle at $1,793.40 an ounce on the Comex division of the New York Mercantile. While, spot gold was down 0.9% at $1,790.54 per ounce.