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Gold futures settle lower for first time in four sessions

04 Feb 2022 Evaluate
Gold futures settled lower on Thursday, posting loss for the first time in four sessions. The yellow metal investments got weighed followed by the stronger bond yield notes amid stronger than expected US economic data.

Gold futures for December fell 0.3%, to settle at $1,804.10an ounce on the Comex division of the New York Mercantile. Spot gold was flat at $1,806.07 per ounce.