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Gold futures end above $2000 benchmark on Thursday

11 Mar 2022 Evaluate
Gold futures end above $2000 benchmark on Thursday, as the receding Russia-Ukraine escalations continued to support safe haven appeal of the bullion. Further, mounting inflationary pressure and concerns over global economic health also lifted yellow metal investments.

Gold futures for April rose by 0.6% or $12.20 to settle at $2,000.40 on the Comex division of the New York Mercantile. Spot gold climbed by 0.2% to $1,996.30 per ounce.