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Gold futures trade almost unchanged in early deals of Monday

27 Dec 2021 Evaluate
Gold futures traded almost unchanged in early deals of Monday hovering above $1800 key benchmark level, as the firmer dollar stalled yellow metal investments. However, decline in US Treasury bond yields is positive for the yellow metal investments. The yellow metal for the most active had marked highest finish in 5 weeks in last settlement amid woes over rampant Omicron cases worldwide.

Gold futures for February traded almost unchanged at $1811.40 an ounce on the Comex division of the New York Mercantile. While, spot gold slightly up by 0.1% to $1,809.95 per ounce.