Skip to main content

MoneyWorks4Me

Gold futures end Thursday's session on fairly strong note

25 Feb 2022 Evaluate

Gold futures pared some early gains on Thursday but still ended the session on a fairly strong note on the precious metal's safe-haven appeal after Russia launched a full-scale war against Ukraine. The dollar's strength limited yellow metal’s gains a bit.

Gold futures for April rose by about 0.8% to settle at $1,926.30 on the Comex division of the New York Mercantile. Spot gold gained 1.6% to settle at $1,937.82 per ounce.