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Gold futures finish for the third straight session on Tuesday

09 Feb 2022 Evaluate
Gold futures finished for the third straight session on Tuesday, whetted by the inflation hedge appeal of the bullion, lingering surge in covid infections and on intensifying Ukraine-Russia geo-political tensions. However, expectations over interest rate hikes and stronger dollar capped some gains in the yellow metal.

Gold futures for April climbed by 0.3% at $1,827.90 ounce on the Comex division of the New York Mercantile. While, spot gold picked up by 0.4% to $1,827.86 per ounce.