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Gold futures end higher on Wednesday

24 Feb 2022 Evaluate

Extending their recent gains, gold futures ended higher on Wednesday, touched highest settlement since January 7, 2021, with lingering worries about the Russia-Ukraine crisis pushing up demand for the safe-haven asset. However, a stronger dollar limited the yellow metal's uptick.

Gold futures for April rose by 0.2% to settle at $ 1,910.40 on the Comex division of the New York Mercantile. However, spot gold dropped 0.2% to settle at $1,894.82 per ounce.