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Gold futures settle near two week low on Thursday

07 Jan 2022 Evaluate
Gold futures settled near two week low rate on Thursday, as the hawkish Federal Reserve minutes dulled the investment appeal of the bullion. The precious metal languished below key benchmark $1800 in the session with the sharpest drop in over 6 weeks

Gold futures for February slipped by 0.6% or $35.90 to $1789.20 an ounce on the Comex division of the New York Mercantile. Spot gold dipped by 1.2% to $1,788.25 per ounce.